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Gold lifts above $2,600
In the past few minutes Gold has defied a further rise in US yields and gains in the USD/JPY. The metal has just now lifted to set fresh session highs above $2,600. That move seems to rest with a degree of heightened risk aversion impacting the markets. Once again we look towards the situation in Ukraine to help explain that. In fact, the USD/JPY is actually stepping back from its earlier highs a little more now and that is helping the move higher in Gold, currently trading at $2,602.10
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