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Gold under pressure as optimism creeps back in

Gold dipped as low as US$1480 an ounce overnight as US earnings season kicked off on a positive note

Kristie Batten
Image: iStock/scyther5

Image: iStock/scyther5

Comex gold was last trading at $1483.50/oz, while spot gold was at $1481/oz (or A$2192.82/oz). It briefly rose back over $1500/oz before the steep fall. US stocks rose 1% overnight as the focus shifted...

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