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Posted:
2017-11-08 22:35:51
Gold has risen and is hovering near a three-week high as the US dollar retreated on expectations of possible delays in long-awaited US tax reforms, while palladium hit its highest since 2001.
Spot gold was up 0.6 per cent at $US1,283.20 an ounce by 2.00 pm Wednesday EST (0600 Thursday AEDT). US gold futures for December delivery settled up $US7.90, or 0.6 per cent, at $US1,283.70 per ounce.
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