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Updated from 12:02 p.m. EST
Gold climbed Tuesday as stocks calmed and bargain hunters took advantage of the relatively tranquil market to buy bullion.
Contracts for April delivery of gold rose $7 to close at $646.20 an ounce on the Comex divison of the Nymex. The gold exchange-traded funds, iShares Comex Gold Trust (IAU Quote) and streetTracks Gold Shares(GLD Quote), both were gaining about 1.7% recently.
"With gold back under $650, the physical sector is quite keen to take a look at buying again," says James Moore, an analyst at TheBullionDesk.com in London. ...
Recent Comments
| 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%
|
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