Gold futures add most this month amid Fed's rate outlook

Source: Bloomberg
© Scanpix/FP
Gold futures appreciated the most this month, as the minutes from the Fed's last meeting indicated some officials are wary of negative effects in case the monetary authority rushes with an interest rate hike. Bullion futures for April settlement rose 0.6% to $1,207.60 an ounce as of 1:45 p.m. in New York, posting the biggest climb since January 30.

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