CAPITAL MARKETS

Gold breaks back through $1300

GOLD was back above US$1300 an ounce for the first time this month, while nickel and iron ore also had strong sessions on Friday.

Kristie Batten
Gold breaks back through $1300

After falling to as low as $1293/oz on Friday night, gold rebounded to $1304/oz on concerns over US inflation. The Australian dollar spot gold price was at A$1652.53/oz. In London, nickel gained 2.4%...

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