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Metals react to Fed statement

PRECIOUS metals continued to gain ground overnight following the Federal Reserve’s latest policy statement.

Kristie Batten
Metals react to Fed statement

Despite a stronger US dollar, gold was up to US$1793.50 an ounce, while silver rose 2.9% to $23.91/oz. The Australian dollar fell to 74.01c, but spot gold rose to A$2421.17/oz. The stronger dollar...

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