Gold futures moved higher on the China's central bank decision

Note: This section contains information in English only.
Source: Forexpros
Gold prices increased during the Asian session, following the news on the lowered RRR in China. The move weighted down on the US Dollar thus stimulating its hedge's, gold, jump. COMEX gold's April contract traded at 1,738.05 US Dollars per troy ounce on the New York Mercantile Exchange, soaring 0.7%.

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