Market Overview

Gold Futures Shine As Market Melts Down

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April Gold futures are trading higher by $7 at $1127.60 per ounce in Wednesday's session. Investors are flocking to the bullion as the broad market has come under extreme selling pressure.

After a flat open, it retreated and found support at $1115.20 before turning higher. The ensuing rally has taken the issue to $1128.70 and has not backed far off that level.

That marks the highest level for the metal since it peaked on November 3 at $1138.10.

 

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