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Gold prices hit new session highs on strong US data

Cecilia Jamasmie | March 02, 2016 | 3:55 am Precious Metals Europe Gold 

Gold prices rose Wednesday, as better-than-expected US job data hinted to a possible inflation comeback, enhancing gold’s appeal as a hedge against higher consumer prices. Spot gold, lower initially, rose 0.5% to $1,237.71 an ounce by 1515 GMT, while gold...

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