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Randgold Resources (GOLD) Is Rebounding In Early Trade

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Randgold Resources (GOLD: Quote) has gapped open sharply higher Monday morning and has continued to gain ground in early trade. Shares are now up 7.74 at $89.18 on above average volume.

Randgold Resources has rebounded off of support this morning, following over a one-month decline.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
After ending the previous session nearly flat, stocks moved mostly lower over the course of the trading day on Friday. Uncertainty about the outlook for monetary policy weighed on the markets ahead of next week's Federal Reserve meeting. Despite the ceasefire in eastern Ukraine, the U.S. Treasury Department on Friday announced a new round of sanctions against Russia for its role in the conflict. Treasury Secretary Jacob Lew determined that persons operating within Russia's defense and related materiel sector may now be subject to targeted sanctions. Business inventories in the U.S increased in line with economist estimates in the month of July, according to a report released by the Commerce Department on Friday. The Commerce Department said business inventories rose by 0.4 percent in July, matching the increase reported for June as well as the consensus estimate.
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