Gold breaks through key hurdle
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The strong break above $1,300 paves the way for prices to rally further
Gold surged, breaking above $1,300 per ounce last week, in line with our expectation. The yellow metal went up 2.6 per cent last week and has closed at $1,325 per ounce — its first decisive close above the psychological $1,300 level since November 2016.Increasing geo-political tensions between the US and North Korea aided the surge in gold prices last week. North Korea’s missile that flew over ...
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