US gold jumped on Thursday on short covering triggered by news that China was revaluing its currency, traders said.
August gold settled with a gain of $3.60 to $425.70 on the Comex division of the New York Mercantile Exchange.
The metal Thursday morning got as high as $426, its strongest level since July 13.
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Yuan Revaluation Sent Gold Price High
US gold jumped on Thursday on short covering triggered...