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ABC News reports that Gold for February delivery rose $2.40 to settle at $1,382.90 an ounce.
ABC News reports that Gold for February delivery rose $2.40 to settle at $1,382.90 an ounce.
The market news is quoted as saying:
On Saturday, the Chinese government announced that the benchmark one-year lending rate will climb. Many expected the move could dampen gold prices by easing inflation fears.
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| Commodities | |||
|---|---|---|---|
| Gold | 2390.81 | +9.01 | |
| Silver | 28.25 | -0.64 | |
| Copper | 4.30 | -0.08 | |
| Oil | 85.38 | -0.03 | |
| Heating Oil | 2.66 | 0.00 | |
| Natural Gas | 1.73 | +0.04 | |
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