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Gold climbed to a six-month high

Technology News

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Gold climbed to a six-month high of 1,277 per ounce overnight as bear fears prompted investors to seek refuge in the metal. "We always see good demand for gold in the year-end," added Yuichi Ikemizu of ICBC Standard Bank.

"I would not be surprised if we see gold surpass $1,300 in the near future." The U.S. dollar is edging higher against major currencies, while the 10-year Treasury yield hit its lowest level since April 2018.

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