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Reuters reported that renewed optimism about European debt boosted gold prices slightly.
Reuters reported that renewed optimism about European debt boosted gold prices slightly.
As quoted in the market news:
Spot gold was up 1.2 percent at $1,637.39 an ounce by 3:13 p.m. EDT. U.S. gold futures for December delivery settled up $23.20 at $1,636.10 an ounce. Volume for Friday’s rally was about half of its 30-day average, consistent with the quiet trading pace of the past two weeks.
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