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Gold edges higher in Asia today following a drop back from new all time high at $2,531.75
Yesterday Gold continued to extend its record run and eventually that saw the metal rise to set a new all time high, at $2,531.75. However, from there a steep decline set in, as profit-taking sent the metal back close to the $2,500 handle. The low seen was set at $2,500.93. The rebound that followed into the US close, at 2,513.97 has been extended upon slightly today. Gold has peaked so far this morning at exactly $2,520. It is off that session high just now, currently trading at $2,516.40
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