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Gold rises as Fed keeps rates on hold

Wed 17/03/10 - 11:54:22 vs6
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Gold rose further on Wednesday after having gained more than 1 per cent the previous day as a US Federal Reserve decision to hold interest rates unchanged burnished the metal's investment appeal. Gold has risen as much as 2.6 per cent this week after investors turned to the metal for
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Tags : smh.com.au, Trust, SPDR, spa, Invest, Interest, europe, Euro, currency volatility, gold futures, consumer inflation, commodity markets, gold price, afternoon trade, weak dollar, oil prices, lows, backtrack, notional, debt problems

Oil dips below $US80 on demand concern

Tue 16/03/10 - 10:14:14 vs6
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Crude oil traded below $US80 a barrel in New York on concern that the pace of demand recovery in the US, the world’s largest energy consumer, wasn’t fast enough to justify recent price gains. Oil declined 1.8 per cent yesterday as the US currency gained against the euro, curbing
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Tags : smh.com.au, spa, OPEC, new york mercantile exchange, Exchange, europe, Euro, Energy, Count, bloomberg, assets, oil stockpiles, soft period, commodity markets, report tomorrow, northern winter, energy consumer, tight market, trading ranges