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Gold Pulls Back From 1,900 Again

GOLD

The yellow metal rose through the session on Wednesday, and initially continued the trend higher early in Asia. Gold peaked at 1899.93 before some broad-based US dollar buying saw the yellow metal fall out of favour and drop to session lows of 1888.74, down around 0.3% – still some way off lows of 1876.18 on Wednesday.

  • Gold is on track to post the biggest annual gain in a decade, advances this month have been aided by the greenback's decline to the lowest level since April 2018

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