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Gold Market Update
Gold futures rebounded from early weakness and posted a sixth straight winning session on Wednesday after an unexpected drop in February durable-goods orders.
Gold for April delivery GCJ5, +0.18% rose $5.60, or 0.5%, to close at $1,197 an ounce on Comex after tapping an intraday high of $1,199.30. The close was the highest since March 4.
May silver SIK5, +0.21% rose 2 cents, or 0.1%, to settle at $17 an ounce.
Gold for April delivery GCJ5, +0.18% rose $5.60, or 0.5%, to close at $1,197 an ounce on Comex after tapping an intraday high of $1,199.30. The close was the highest since March 4.
May silver SIK5, +0.21% rose 2 cents, or 0.1%, to settle at $17 an ounce.
Current Market Update
Tokyo (Nikkei Average NIK, -1.42% ) down 1.3%
Hong Kong (Hang Seng Index HSI, +0.14% ) up 0.1%
Shanghai (Shanghai Composite Index SHCOMP, +0.33% ) up 0.3% (at break)
Sydney (S&P/ASX 200 XJO, -1.34% ) down 1.1%
Seoul (Kospi SEU, -0.70% ) down 0.5%
Mumbai (Sensex 1, -0.78% ) down 0.6%
Taipei (Taiex Y9999, -0.74% ) down 0.7%
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