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Gold Prices Up Amid Hong Kong Civil Unrest

From kitco.com

Gold prices are higher in early U.S. trading Monday and not far below the recent six-year high scored last week. Safe-haven demand for the yellow metal is featured to start the trading week, as protesting in Hong Kong has escalated. December gold futures were last up $9.10 an ounce at 1,517.60. September Comex silver prices were last up $0.039 at $16.965 an ounce. There is once again major protesting by the citizens of Hong Kong, which has shut down the city’s main airport. This situation appears to be getting worse every weekend. Market watchers wonder how long mainland China will allow the civil unrest to go on ... (full story)

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  • Category: Technical Analysis