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Gold Price Rises Above US$2,900, Setting Another New High
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Donald Trump's tariff policies make capital flows to gold for hedge. Gold prices rose above US$2,900 per ounce and set a new high. Spot gold price printed at US$2,903, elevating US$42.61, representing a single day incline of 1.49%. In addition, China issued the Notice on Launching the Pilot for Insurance Fund Investment in Gold Business on last Friday initiating a pilot scheme for investment of insurance funds in gold business, with the participation of 10 insurance companies. AAStocks Financial News |
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