Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as China boosted liquidity by lowering the requirements for banks' reserve ratios of cash.
The most active gold contract for April delivery rose 4.2 U.S. dollars, or 0.33 percent, to settle at 1,264.50 dollars per ounce.
Gold unchanged on profit-taking
2015-02-03Gold slumps after Fed‘s statement
2015-01-30Gold down as US stocks, dollar rebound
2015-01-29Gold up on durable goods, weak dollar
2015-01-28Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.