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Financialsense.com reported that June Gold Trading Higher:
Financialsense.com reported that June Gold Trading Higher:
Stocks are trading higher overnight on the prospects of a global economic recovery following the release of better than expected European and Chinese manufacturing reports. The rally started overnight in Japan when the Nikkei average rose fueled by the weaker Yen. Talk that Japanese investors will seek better returns in foreign markets helped support the U.S. equity markets. News that China’s purchasing manager’s index was up more than expected also contributed to the rally.
