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Gold extends gains as US yields slip

Naturally, as one might expect, with the dollar falling back this afternoon and US yields slipping, Gold has now advanced further and lifted above any potential resistance that might have been in place at $2,316.82. The move above this level has now extended to a high above $2,325 a short while ago and in truth it is all about those US yields falling back. Those appear to the steadying right now though and that seems to be coinciding with Gold just now coming off the boil, currently trading at $2,321.70 

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