The Business Times
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Gold whipsaws as Fed is split on support for rate rise

Published Sun, Aug 21, 2016 · 09:50 PM

New York

THE split among Federal Reserve officials on whether to boost US borrowing costs is whipsawing gold again.

Futures gained on Thursday, a day after the July Fed minutes were released showing policymakers are divided on rates, only to swing to a loss on Friday.

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