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Gold does not look back with a record close

Some venues priced Gold futures above the daily close last night and where they did that, the indicative price was even higher than the record set prior to the daily, weekly and monthly close. Gold did not look back yesterday when it lifted above the prior record high just above $2,220. That was covered here at the time, when Gold rose to its higher level ever. It later endorsed that move with a session high at $2,231.83. Gold later closed in the US at $2,229.87- its highest close on record. To compare that to the close at the end of February; it was some $185 higher. That is impressive by any measure. What was also impressive about that; is the metal set such records without the assistance of the Yen or any notable fall in US yields. A few times lately, the demand from a number of Central Banks has been noted here and it seems like some of those players were active in that regard again yesterday. Gold is not trading today though, so we shall have to wait until next week to see where this leads 
 

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