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Gold Driven Up by Iran Jitters

Stock quotes in this article: AA , IAG , AUY , GLD  

Updated from 1:49 p.m. EST

Gold futures surged ahead Tuesday, fueled by renewed concerns over a nuclear Iran.

Contracts for February delivery of bullion closed up $4.60 at $626.90 an ounce on the Comex division of the New York Mercantile Exchange. Earlier in the session, the price spiked to an intraday high of $632.30 before partially pulling back.

The exchange-traded funds that hold inventories of gold were also gaining. iShares COMEX Gold Trust(IAU Quote) was up 0.6%, while streetTRACKS Gold Shares(GLD Quote) was ahead by 0.4%. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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