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Reuters reports that on Thursday, Gold edged up in volatile trade. Positive economic data from China helped to offset pressure from a rebound in the dollar.
Reuters reports that on Thursday, Gold edged up in volatile trade. Positive economic data from China helped to offset pressure from a rebound in the dollar.
The market news is quoted as saying:
Gold was more than 3 percent below a lifetime high around $1,387 hit last week. It tumbled nearly 3 percent on Tuesday following China’s surprise announcement of an interest rate hike.
