The Traderszone Network

Published in TZ Latest News 15 April, 2015 by The TZ Newswire Staff

Gold Advances; Data Dim Hopes For A Rebound

Gold futures rebounded after a gauge of manufacturing in New York state unexpectedly declined, boosting the precious metal’s appeal as a haven. A surprise negative reading for the New York Federal Reserve Bank’s index added to recent signs of uneven U.S. expansion and eased concerns that the economy is strong enough for policymakers to start raising interest rates.

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