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Gold nears $1,200 in 6-day winning streak

Thursday, 26 March 2015


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Gold futures rebounded from early weakness and posted a sixth straight winning session on Wednesday after an unexpected drop in February durable-goods orders.

Gold for April delivery GCJ5, +0.16%  rose $5.60, or 0.5%, to close at $1,197 an ounce on Comex after tapping an intraday high of $1,199.30. The close was the highest since March 4.


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