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Financial Post reported that gold prices increased following four days of losses.
Financial Post reported that gold prices increased following four days of losses.
As quoted in the market news:
Spot gold rallied as much as 1.96 percent to $1,600.49 per ounce and then traded at $1,585.99 by 1432 GMT, off a 2-1/2-month low of 1,560.36 hit in the previous session. U.S. gold rose about 1 percent to $1,588.40 per ounce.