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Gold jumps above $2,040 as US PCE data tows the line
Another reaction unfolding across the markets right now to the US PCE data, is that gold has lifted on the news. The metal has now done something it could not achieve yesterday and that it is to rise above $2,040. That means it is now setting fresh highs on the and finally doing what it arguably should have done much earlier today. Gold is just now trading at $2,042.50
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