Date: 19.01.2012 Time: 10.17
Goldennifty analyzing team said, Gold prices rose on Thursday after reports emerged that the International Monetary Fund was considering boosting its lending capacity by as much as $500 billion should troubled European nations need more financing. www.goldennifty.com
On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,662.35 a troy ounce, up 0.15%.
Gold futures were likely to test support at USD1,643.15 a troy ounce, Wednesday's low, and resistance at USD1,662.95, an earlier session high.www.goldennifty.com
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