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Gold near 9-month highs ….

Having bottomed near $ 1205 levels in the recent dealings, the yellow metal gathered pace and now heads for a retest of fresh multi-month highs printed at 1214.40 in early Asia.

Gold prices advanced this session after stops above $ 1200 mark got triggered and fuelled a fresh $ 15 rally. While broad based US dollar selling after Yellen’s testimony failed to impress the USD bulls, also boosted the gains in the bullion.

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