Gold up on China liquidity boost

2015-02-05 08:31 Xinhua Web Editor: Qin Dexing

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Wednesday as China boosted liquidity by lowering the requirements for banks' reserve ratios of cash.

The most active gold contract for April delivery rose 4.2 U.S. dollars, or 0.33 percent, to settle at 1,264.50 dollars per ounce.

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