Thu, 26 Feb 2015 10:13:16 GMT
Gold prolongs its increase due to finish of Chinese holidays
Gold rebounds from seven-week lows, since Chinese traders returned from the Lunar New Year holiday, while investors is assessing the possibility of Fed's rate hike before US inflation data. Precious metals added 0.7% to $1,213.23 per ounce. Gold slightly climbed 0.4% on Wednesday, showing gains from a seven-week deep of $1,190.52.