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Gold hits 16-month high ahead of Fed rate decision

Story date: 2007-09-18 08:17:00
Added on: 2007-09-18 09:17:06


Reuters UK - LONDON (Reuters) - Gold surged to a 16-month high on Tuesday, with sentiment bullish ahead of an expected interest rate cut by the U.S. Federal Reserve and on record high oil prices, dealers said. The Fed is expected to slash its benchmark 5.25 ...


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