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Gold jumps

Gold jumps

LONDON: Gold rose above $1,240 an ounce on Wednesday, acting as counter against risk alongside top-rated government bonds as oil’s fall rippled into global equity markets.

Spot gold rose as much as 1.5 per cent to a session high of $1,245 an ounce, and was up 1.4pc at $1,243.33 by 1439 GMT.

Silver rose 1.2pc to $15.46.

Courtesy : Dawn News



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