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Gold prices rise as US dollar drops

Gold prices advanced on Thursday, buoyed by a softer US dollar as investors closely await key inflation data out of the United States. Spot gold rose zero point three percent to US$4,412.84 per ounce by 02:34 GMT. Meanwhile, US gold futures for December delivery dipped zero point one percent to $4,457.10 per ounce, according to … The post Gold prices rise as US dollar drops appeared first on…

We haven't written up this one. Egypt Independent has the full story — the link below goes straight to it.

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