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Global Stock Markets In Rally Mode Following U.S. Rate Hike

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(Kitco News) - World stock markets were mostly higher Thursday, in the wake of the Wednesday afternoon U.S. interest rate increase from the Federal Reserve.

European markets were also assuaged by the establishment, center-right political party winning the Dutch elections over the nationalist candidate Geert Wilders. U.S. stock indexes are pointed toward higher openings when the New York day session begins.

Gold prices are sharply higher Thursday, on a "sell the rumor, buy the fact" scenario following the U.S. rate hike.

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