Gold rallies higher on weaker U.S. dollar

Market news

18 November 2014

Gold rallies higher on weaker U.S. dollar

Gold trading rallies higher on weaker U.S. dollar

Gold, currently trading above the key-level of USD1200.00 a troy ounce is positive in today's session fuelled by a weaker greenback and rumours that the ECB may purchase bullion to counter low inflation.

GOLD currently trading at USD1200.00

Oil: trading higher

Reserve Bank of Australia Governor Glenn Stevens: interest rates are likely to stay low

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