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Gold rose by almost 2% on Friday in US trading, hitting its highest price in more than two months near $1,400/oz

Gavin Wendt

MineLife

Gold rose by almost 2% on Friday in US trading, hitting its highest price in more than two months near $1,400/oz. A big drop in U.S. new home sales has renewed the chances that the Federal Reserve will maintain its bond-buying economic stimulus.

Gavin Wendt
Gavin Wendt View Profile
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

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