Dec 21, 2015
Gold closes at 2-week high
Gold rallied on Monday, with spot adding over $15.00, ending the day near $1,080.00 an ounce, its highest level in two weeks. The commodity benefited from a weaker dollar, although selling into strength is still seen as the more profitable choice, given that the greenback's outlook remains constructive in the longer term after the Fed finally decided to raise rates for the first time in almost a decade.
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