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MarketWatch reported that renewed optimism that the European debt crisis will be resolved spurred gold to a rally.
MarketWatch reported that renewed optimism that the European debt crisis will be resolved spurred gold to a rally.
As quoted in the market news:
Gold for December delivery rose $26.80, or 1.6%, to $1,712.70 an ounce on the Comex division of the New York Mercantile Exchange.