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Federal Reserve holds key US rate unchanged

Last Updated: Thursday, July 30, 2015, 00:12

The Federal Reserve kept its benchmark federal funds interest rate unchanged at near zero percent as expected Wednesday, providing no fresh hints on when a long-awaited rate rise might come.

Gold prices may dip to Rs 20,500 per ten grams

Last Updated: Wednesday, July 29, 2015, 17:47

Gold domestic rates may decline and range between Rs 20,500-Rs 24,000 per 10 grams if the US Fed hikes interest rates, as widely expected.