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Gold strong and iron ore strengthened while LME on holiday

Upcoming US interest rate cuts boost precious metal while China stockpiles of iron reduce

Michael Quinn
Credit: World Gold Council

Credit: World Gold Council | Credits: Credit: World Gold Council

Iron ore futures are back at US$100/t as stockpiles in China reduce. Spot gold is trading around $2517 per ounce. The TSX gold sector lost circa 0.3%. Also in Canada, authorities there are se...

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