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Gold Future extend gains on Thursday

Published on: 4th

Park Avenue Numismatics, Miami Beach, FL – October 4, 2012 – Gold futures extended gains on Thursday after the weekly jobless claims reports rose less than expected. Gold for December delivery rallied $16.20 to $1,796 an ounce. Gold prices also pushed higher because investors grew cautious ahead of the outcome of a rate-call meeting from the European Central Bank, and with an important season for Indian gold buying just around the corner.