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Gold plunges to 10-month low on fed rate hike

2016-12-15

Gold plunged to a ten month low and oil prices fell after the US Fed raised interest rates overnight, for the first time in year.

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Rand Merchant Bank (RMB) is a diversified financial services brand encompassing investment banking, fund management, corporate banking and advisory services. Rand Merchant Bank, a division of FirstRand Bank Limited, is an Authorised Financial Services Provider and Credit Provider NCRCP20.