BERN: Adding some more interest to the gold sector, Switzerland’s gold exports to China and Hong Kong together hit a 18-month high in September.
This was offset though with exports to India, which fell by two-thirds. Back to the markets, and overnight in New York gold added 0.3% to US$1176 an ounce.
Helping the yellow metal recently is the increasing likelihood that the Federal Reserve will delay an interest rate rise, possibly even to 2016.
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