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Gold at 3-1/2-month high as Federal Reserve dampens rate hike expectations

Gold at 3-1/2-month high as Federal Reserve dampens rate hike expectations

Gold prices rose 1 percent to a 3-1/2-month high on Thursday after minutes from the latest Federal Reserve policy meeting further dampened expectations for an interest rate hike in March, lowering U.S. bond yields and pressuring the dollar.

Investors flock to supercharged gold bet that's returned 180%
Investors flock to supercharged gold bet that's returned 180%

Gold doesn’t offer yield. Junior miners may, and a leveraged exchange-traded fund tracking them has investors flocking to it.

Horoscope: By Peter Vidal

Today ( 27 Feb )This Week ( 26 Feb - 04 Mar )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more