Market: Gold price increases – Daily Trust

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Market: Gold price increases – Daily Trust
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Market: Gold price increases

Gold prices edged up on Wednesday, snapping a four-day losing streak on technical buying, amid expectations that the European Central Bank will dole out stimulus and cut interest rates.In the previous session, prices fell to their lowest since Aug. 13 at $1,483.90.“The ECB is expected to reduce further the interest rate into negative territory.

 

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