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Gold surges past $1,200 on global equities rout

Wednesday 10 December 2014

Gold rallied Tuesday to reclaim the $1,200 level in response to a global equities selloff.

Gold for February delivery GCG5, -0.06% jumped $37.10, or 3.1%, to settle at $1,232 an ounce, its highest close since the end of October. March silver SIH5, -0.17% added 86 cents, or 5.3%, to $17.13 an ounce.

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