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Gold fall to 12-Week low as Fed stimulus stance lifts dollar

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New York: Gold on Wednesday dropped to a 12- week low by losing 2.6 percent as the dollar strengthened on signs the Federal Reserve may refrain from providing more monetary stimulus for the US. The gold fell by 2.6 percent to USD 1,628.10 an ounce, after touching USD 1,621.50, the lowest since January 10. Silver also fell by 4.1 percent to USD 31.90 an ounce, the biggest drop since March 14.

Positive outlook for India's job market: Survey

The next three months are likely to offer solid opportunities for job seekers as 39 per cent of Indian employers are expected to increase their headcount, says a survey. According to the survey by recruitment tendering platform MyHiringClub.com, the country's net employment outlook – an indicator of recruitment intentions -- stood at a healthy 39 per cent, reflecting solid opportunities for job seekers in the upcoming quarter.

BRICS boost foreign aid spending on health

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Some of the so-called BRICS countries, which include Brazil, Russia, India, China and South Africa, have traditionally received aid, but fast economic growth over the past decade is turning them into new donors to the world's poor.