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Gold has rallied sharply this morning,.........>

GOLD
GOLD: Gold has rallied sharply this morning, running up to USD1353.60 from a low
of USD1341.93.
- Demand has been underpinned by the ongoing fallout from the recent oil tanker
attack near the Persian Gulf, the continued deterioration in trade and
diplomatic relations between the US and China, and mounting speculation that the
Federal Reserve could soon start easing monetary policy.
- Total known ETF holdings of gold have continued to inch higher and currently
stand at 72.38 t oz, up from 71.25 t oz at the beginning of the month.

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