Gold price eases

THE gold price pulled back in recent hours, but not before almost making it over the US$1300 an ounce mark.

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Gold futures rose as high as $1298/oz just before 3am AEDT this morning, but has been declining since then, last trading at $1286.90/oz.

Australian dollar spot gold dropped to a 2019 low of A$1790/oz.

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