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Gold Market Update
Gold prices posted its first gain in three sessions, albeit a modest one, following a pullback for the U.S. dollar, disappointing economic data and news of strong demand for the metal in the fourth quarter of last year.
After settling at the lowest level in a month on Wednesday, gold for April delivery GCJ5, +0.52% rose $1.10, or 0.1%, to settle at $1,220.70 an ounce on Comex. Prices had fallen by nearly $22 in the past two trading sessions.
March silver SIH5, +0.96% gained 3.3 cents, or 0.2%, to $16.794 an ounce.
After settling at the lowest level in a month on Wednesday, gold for April delivery GCJ5, +0.52% rose $1.10, or 0.1%, to settle at $1,220.70 an ounce on Comex. Prices had fallen by nearly $22 in the past two trading sessions.
March silver SIH5, +0.96% gained 3.3 cents, or 0.2%, to $16.794 an ounce.
Current Market Update
Tokyo (Nikkei Average NIK, -0.52% ) down 0.3%
Hong Kong (Hang Seng Index HSI, +0.90% ) up 0.9%
Shanghai (Shanghai Composite Index SHCOMP, +1.57% ) up 1.6% (at break)
Sydney (S&P/ASX 200 XJO, +2.49% ) up 2.4%
Seoul (Kospi SEU, +0.52% ) up 0.5%
Mumbai (Sensex 1, +0.45% ) up 0.3%
Taipei (Taiex Y9999, +0.38% ) up 0.4%
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