LONDON: Gold prices rose nearly 1 percent to session highs on Thursday, benefiting from a strengthening euro after the European Central Bank gave no hints that it was laying the groundwork for interest rate cuts at its latest policy meeting.
Speaking after the bank opted to leave benchmark rates on hold, ECB President Mario Draghi said all members of its Governing Council were in favour of keeping interest rates unchanged when they met on Thursday.
Spot gold was up 0.7 percent at $1,668.94 an ounce at 1359 GMT, having earlier touched a high of $1,672.20 an ounce.
Center>Copyright Reuters, 2013
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