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Reuters reported that gold prices rose on news the European economy may be stabilizing.
Reuters reported that gold prices rose on news the European economy may be stabilizing.
As quoted in the market news:
Spot gold was up 1 percent at $1,658.19 an ounce at 1444 GMT, having earlier touched a one-month high at $1,659.66. U.S. gold futures for February delivery were up $19.70 an ounce at $1,659.20.
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