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Posted by
Two Blokes Fri at 4:30 PM -
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Forex
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Concerns about the trade war between the US and the European Union and the retreat of platinum group metals allowed gold to break above the upper limit of the medium-term consolidation range of $3250-3400 per ounce. However, the White House's trade agreement with Japan and the reduction of import duties on Japanese goods brought gold back to the centre of the latest consolidation range.
