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364

Gold Started to Revive

Analysts said the move is the start of a rebound

Gold Started to Revive

Gold futures closed higher Thursday after seven straight days of losses, as the dollar faltered and the stock market rallied.

Gold for August delivery closed up $3.80 at $570.30 an ounce on the New York Mercantile Exchange, having earlier touched a high of $579.50 per ounce.

Analysts said the move is the start of a rebound, after a healthy period of correction.


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