London Gold Market Report |
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Gold Gains on Inflationary Slowdown in US; Rising Costs Also Hit Gold Miners' Q2 Results SPOT GOLD PRICES added to an overnight bounce at the New York opening on Thursday, rising above $915 per ounce on news of sharply higher US inflation and a slowing economy. Gold had earlier recorded an AM Fix here in London of $912 per ounce – more than 2.1% above yesterday's five-week low – as crude oil slipped and the US Dollar held steady on the forex market ahead of today's data. World stocks markets
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