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Reuters reported that gold prices increased as the Euro and US equities also rose.
Reuters reported that gold prices increased as the Euro and US equities also rose.
As quoted in the market news:
Spot gold was up 0.6 percent at $1,660.50 an ounce by 12:50 p.m. EST. The metal rose on Tuesday after weak growth suggested that China may try to boost productivity through monetary easing.