Gold rises on European stimulus

DESPITE a brief dip below US$1700 an ounce, gold gained ground after the European Central Bank announced stimulus measures.

Gold rises on European stimulus Gold rises on European stimulus Gold rises on European stimulus Gold rises on European stimulus Gold rises on European stimulus

Gold futures rose as high as $1729/oz after the ECB expanded its bond-buying program.

Futures last traded at $1721.60/oz.

Base metals were higher, aside from nickel.

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