CAPITAL MARKETS

Gold climbs above $1290/oz

Weakness in the US dollar has pushed gold back towards US$1300 an ounce

Kristie Batten

Gold futures rose as high as $1296.70/oz overnight after trading as low as $1284/oz yesterday morning. IG market analyst Chris Beauchamp said the close above $1290/oz signalled a move towards $1214/oz....

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