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Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Gold Hits 2-Month High Above $4,400 as China Keeps HoardingWorldPing

Gold muscled back above $4,400 an ounce this week, hitting its highest level in roughly two months as a brutal U.S. jobs print, relentless Chinese central bank buying, and suddenly softer Federal Reserve expectations sent traders scrambling back into bullion.

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Brief by WorldPing · Original reporting by The Hindu