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gold comment
posted on
Oct 29, 2009 10:19AM
Gold was higher on Thursday, in advance of the U.S. GDP numbers. At 12.24GMT, spot gold was quoted $1,032.80 an ounce, up from $1,026.80 an ounce late in NY on Wednesday. “Apart from some book squaring ahead of the data, things are quiet, real money is in a wait and see mode”, said one London-based trader. U.S. GDP for Q. was estimated at 3.3 pct.
