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Gold hits 6-1/2 month high after central bank easing

September 21, 2012 Comments Off on Gold hits 6-1/2 month high after central bank easing

September 21, 2012, 2:55 pm

LONDON (Reuters) – Gold prices rose above $1,780 an ounce for the first time since late February on Friday as expectations that easier monetary policy would boost liquidity, keep long-term interest rates low and stoke inflation fuelled buying of the precious metal.

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