Gold technical analysis: Flirting with 50-DMA pivotal point, just above $1500 mark

Gold edged lower for the second straight session on Tuesday and retreated farther from a resistance marked by the top end of a one-month-old trading r
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China lowers rate by 5 basis points – ING

Iris Pang, economist at ING, points out that the People's Bank of China (PBoC), China's central bank, cut 5 basis points off the 1-year Medium Lending
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