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Alliance News

Gold Stays Near USD1230 As Brexit Looms

Mon, 20th Mar 2017 12:22

WASHINGTON (Alliance News) - Gold futures were flat Monday amid word the UK's Brexit will be triggered March 29.

"Everything is ready" for the Brexit process, according to Agence France Presse.

Gold was up USD1 at USD1230 an ounce, having risen sharply after last Wednesday's dovish Federal Reserve statement.

The unfolding week brings with it a host of Fed speeches as traders look for clues about whether the central bank will again raise interest rates in the first half of the year.

Copyright RTT News/dpa-AFX

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