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Gold Headlines

Silver Price Surges above $28/oz (chart)

In Asian trading, the price of silver has taken another price leap forward, extending its remarkable gains from this week and prior weeks, now closing in on $28/oz.

ETF joins world’s biggest gold owners as investors flock in (FT)

The ETF is a partnership between State Street, a big Boston bank, and the World Gold Council, a trade body for the industry. It has posted a 33 per cent return this year that has helped lift its value to more than $80bn. The gold rally continued late on Tuesday as the metal’s price passed $2,000 a troy ounce for the first time ever.

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