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Gold makes a move above $3,250

Since much earlier this morning Gold has been edging higher after it had again held above a noted and important level, at $3,202. The further rise has taken more shape since the US stock market opening and that has seen the metal do something it could not yesterday and push above the $3,250 marker. The high seen so far has been set above $3,260 and it seems the break above $3,250 has sparked a fair deal of fresh buying. Gold is trading right now at $3,262.40 

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