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Bloomerberg reports that gold rose over $1,400 an ounce in London as conflict in the Middle East and concerns over inflation increased demand.
Bloomerberg reports that gold rose over $1,400 an ounce in London as conflict in the Middle East and concerns over inflation increased demand.
The market news is quoted as saying:
“The mix of Middle Eastern jitters and inflation concerns continues to create a favorable price environment for the precious metals, particularly gold and silver,” James Moore, an analyst at TheBullionDesk.com in London, said in a report.
