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Gold hits one week high
(15 Nov 2019, 09:17)
COMEX Gold rose for a second session yesterday as the commodity continued to benefit from a cautious undertone in the global equities. Bargain buying also stayed in place after the metal tested a three month low earlier this week. The commodity hit one week high of $1475 per ounce and is currently trading at $1467 per ounce, down 0.44% on the day. Traders are looking at some pick up in retail sales following wedding season demand though firm moves in the US Dollar are capping the upside for the metal.

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