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Gold recovers after dip

COMEX gold futures fell as low as $US1317.20 an ounce overnight on increased speculation of a US interest rate rise next month.

Kristie Batten
Gold recovers after dip

According to Bloomberg, the probability of a September rate rise has increased to 36% from 24% a week ago. Despite the talk, gold bounced back this morning and was last trading at around $1326/oz. ...

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