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Gold Near 4-Month High as Dollar Sell-Off Pauses


Tuesday, 16 January 2018 12:45 WIB

GOLDEMASBullion


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Gold holds near highest in four months as dollar steadies after slump, with investors weighing effects of pick-up in inflation as well as potentially hawkish policy shifts from central banks in Europe and Japan.

Bullion for immediate delivery +0.1% to $1,341.36/oz by 1:28pm in Singapore, according to Bloomberg generic pricing. Metal climbed to $1,344.81 on Monday, highest since Sept. 8.

In other precious metals, Silver flat at $17.3516/oz after gaining to 3-month high Monday.

Source : Bloomberg


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