Gold rises towards $1,350/oz

Precious Metals

Reuters reports that Gold prices rose on Friday as the dollar crept lower ahead of a key Federal Reserve meeting next week.

Reuters reports that Gold prices rose on Friday as the dollar crept lower ahead of a key Federal Reserve meeting next week.

The market news is quoted as saying:

Spot gold was bid at $1,346.61 an ounce at 1413 GMT, against $1,343.35 late in New York on Thursday. U.S. gold futures for December delivery rose $4.40 to $1,346.90.

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