U.S. gold jumps on inflation worry after Fed’s move

Precious Metals

Reuters reports U.S. gold futures jumped more than 1 percent on Thursday.

Reuters reports U.S. gold futures jumped more than 1 percent on Thursday.

The market news is quoted as saying:

Cash gold struck a record around $1,387 last month. Spot gold may rise to $1,420 per ounce over the next four weeks as per a wave and a bullish triangle pattern.

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