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News: Gold gains on the Comex

  1. Gold prices scored their first gain in three sessions today as financial turmoil in Greece, weaker-than-expected trade data from China and declines in U.S. equities buoyed the metal’s investment appeal.

    Last week’s stronger-than-expected data on U.S. jobs, however, kept a cap on any haven-related boost for the metal.

    Gold for April delivery increased 0.6% to settle at US$1,241.50 an ounce on Comex.

    In other metals trading, March silver added 2.3% to end at US$17.07 an ounce.

    Platinum for April delivery fell 0.1% to settle at US$1,220.40 an ounce, while palladium for March delivery slipped by 0.2% to US$779.65 an ounce.

    High-grade copper for March delivery fell a half cent to end at US$2.581 a pound.

     

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