Gold finds supports in the IMF decision to boost lending capacity

Note: This section contains information in English only.
Source: Forexpros
Gold prices edged up on Thursday following the release of data that the IMF was weighing the possibility to increase lending capacity by $500 billion in case struggling EU members need more funds. The news stimulated appreciation of the EUR against the USD that pushed the gold prices higher. COMEX gold February contract traded at USD1,662.35 a troy ounce, on the New York Mercantile, advancing 0.15%.

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