Gold climbs on weakening Dollar

Note: This section contains information in English only.
Source: WBP Online
The yellow metal prices soared on Monday, as weakening Dollar boosted demand for the precious metal. The gold traded 1.6% higher to $1,103.1 an ounce by 7:20 AM GMT. The Greenback weakened amid the FOMC meeting and the GDP figure later in the week, therefore giving a possible timeline for the rate hike by the Fed. Last week the gold futures saw a drop to the $1,077.16 an ounce level. 

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