Gold keeps gains small, still at almost 9 months low

Source: CNBC
© Scanpix/FP
Gold managed to add a little on Friday, yet the outcomes of the Fed meeting kept the yellow metal grounded at its lowest in near nine months time. The Fed chosen semantics 'considerable time' as regards the interest rate hike didn't allow gold to gain its support as an alternative investment. Spot gold was able to increase to $1,227.80 per ounce, upping from previous session's $1,216.01, its lowest since January.

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