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IBTimes reports the gold price is holding steady at above $1,500 per troy ounce, following a strong showing late on Friday.
IBTimes reports the gold price is holding steady at above $1,500 per troy ounce, following a strong showing late on Friday.
The market news is quoted as saying,
The Comex June gold contract settled at the end of last week up $16.50, or 1.1% intraday, to $1,508.90. Silver, platinum and palladium also gained in the wake of safe-haven bids for gold, with all of these precious metals settling up for the day.
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| Commodities | |||
|---|---|---|---|
| Gold | 2390.86 | +0.85 | |
| Silver | 28.67 | +0.01 | |
| Copper | 4.52 | +0.05 | |
| Oil | 83.24 | +0.51 | |
| Heating Oil | 2.55 | +0.01 | |
| Natural Gas | 1.76 | 0.00 | |
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