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Gold Prices Push To Daily Highs As U.S. Stocks Selling Off

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Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold prices have gained a bid in morning trading Thursday and have hit new session highs, on short covering in the futures market and some bargain hunting in the cash market. A downturn in the U.S. stock market today has also benefitted the safe-haven gold and silver markets. June gold was last up $4.60 at $1,284.00.

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