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Spot Gold Spills Higher, Touches New Multi-Month Highs

PRECIOUS METALS
  • Gold prices surge higher in recent trade, tipping spot to new highs at $1972.2 . No notable headlines or cross-market moves to trigger gold strength here - so looks isolated to precious metals at typing.
  • Silver prices also move north, but at a much more modest pace, holding below the overnight highs.
  • Gold/Silver ratio recovers off a cycle low printed earlier today at 78.21 - lowest since early May.

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