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Yamana Gold (AUY) Stock Higher as Gold Prices Rally

NEW YORK (TheStreet) -- Shares of Yamana Gold (AUY) are increasing 0.76% to $5.93 on Thursday morning as gold prices climb.

For December delivery, gold is gaining 1.03% to $1,348.20 per ounce on the COMEX this morning.

The Federal Reserve decided to keep interest rates unchanged at this week's policy meeting and stopped short of signaling that a future rate hike is possible for later this year, Reuters reports.

The yellow metal is...