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Gold at daily highs as technical momentum builds

Kitco News

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold prices are at double-digit gains and at daily highs in late-morning price action Tuesday. Technically related buying is featured in both gold and silver markets, amid bullish near-term charts that suggest more upside.

There are still lingering geopolitical matters that are also supporting continued safe-haven demand for the two metals. December gold was last up $10.20 an ounce at $1,547.40.

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