CAPITAL MARKETS

Gold gets closer to record high

GOLD moved higher overnight as the market continued to digest this week’s US inflation data.

Gold gets closer to record high

Comex gold futures rose as high as US$2063.40 an ounce overnight and closed at $2054.50/oz. The intraday high is not far off the record of about $2075/oz, set in August 2020. Spot gold was trading...

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