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U.S. gold prices finished modestly lower Wednesday. Investors’ risk appetite increased as compared to the bout of safety buying that lifted the yellow metal to a record close on Tuesday.

"Comex gold futures prices closed slightly lower Wednesday on some mild profit-taking pressure after prices hit a fresh 10-week high early on," noted Jim Wyckoff [...]

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U.S. gold prices hit a record on Tuesday while other precious metals fell — silver and platinum just slightly.
Gold was lifted, opined analysts, on a Wall Street Journal report that raised fresh concerns over European banks and their debt. The previous gold record was set on June 18 following weeks of worry over the [...]

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U.S. bullion prices rose in unison Thursday, with gold rebounding to a fresh eight-week high and above $1,250 an ounce. A weaker dollar and safe-haven buying were noted catalysts. Investors are sitting on pins and needles waiting on Friday’s jobs report.

"The U.S. dollar index was trading lower Thursday, pressured in part by some better [...]

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U.S. gold prices pulled back from their eight-week highs and two straight days of gains Thursday, as a bigger-than-expected decline in U.S. jobless claims eased the appeal of safe-haven purchases — so opined analysts.

"Gold futures gave back a small portion of their recent gains Thursday as some traders exited to book profits after jobless [...]

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U.S. precious metals prices advanced for a second straight day, with gold nearing an eight-week high and silver soaring above $19 an ounce. Silver tracked gold which benefited over continuing concerns that the economic recovery was slowing.

"Comex gold futures closed higher and hit a fresh nearly two-month high Wednesday, on follow-through safe-haven buying interest and [...]

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