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Comex gold futures closed solidly higher, near the session high, hit a fresh five-month
high and came within an eyelash of hitting they key technical level of $1,200.00 an ounce Thursday. Safe-haven buying interest and strong investment demand for physical gold have combined with bullish technicals to drive gold prices north. June Comex gold closed up $22.30 an ounce at $1,197.30 Thursday.