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FRX: Futures: Gold Futures Rise On US Gross Domestic Product Revision |
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Gold futures moved up on Wednesday, after the US gross domestic product revision for the third quarter.
According to the Commerce Department, the US economy expanded at a 2.6% pace during the third quarter, below than economists’ estimates.
The US dollar widened its losses after the GDP report. Gold for March delivery gained $1.30 to $1,390.10 an ounce.
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