Gold in yen hits day’s highs after S&P cuts Japan

Precious Metals

Reuters reports that Gold priced in yen rallied to session highs on Thursday.

Reuters reports that Gold priced in yen rallied to session highs on Thursday.

The market news is quoted as saying:

Yen/gold rose to a session high of 111,475 yen an ounce before trading at 111,297 yen at 0802 GMT, showing a 0.5 percent gain on the day.

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