Gold Gains on QE Expectations

By in Gold and Oil News | August 28, 2012 23:57 | Tags:

Gold futures started the week on positive note as investors are hoping for monetary easing measures by US Federal Reserve after the meeting of central banks.

Gold futures contract for December delivery surged 0.2 percent or $2.70 to settle at $1,675.60 per ounce on the Comex division of the New York Mercantile Exchange.

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