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Gold Price Rose To New Highs

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Gold price rose to new highs on 2 January, the first trading day of 2018. Comex gold futures rose 0.21% to $1,312.20 a troy ounce by 03:45 AM ET (08:45 AM GMT), the strongest level since September 26.

Copper dipped 0.14% to $3.296 a pound. Silver was down 0.26% at $17.10 a troy ounce, platinum added 0.31% to trade at $941.20 a troy ounce.

Palladium posted the strongest increase among precious metals in 2017, advancing 57% amid concerns over the supply outlook.

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