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14 Mar 2014
Gold posts highest weekly close since September
FXStreet (Córdoba) - Spot gold finished the week sharply higher trading around $1,380 at the highest level since September of last year. On Friday the yellow metal rose further and peaked on New York at $1,387 but then retreated finding support at $1,373.
XAU/USD rally goes on
Risk aversion favored gold that posted the fourth daily gain in a row, extending to more than $40 the increase in the price since Monday. So far, during 2014 it has risen almost $200, recovering from $1,180.
Silver also rose on Friday but not as much as gold, and finished the week around $21.45, still far from 2014 highs that lie at $22.15.
XAU/USD rally goes on
Risk aversion favored gold that posted the fourth daily gain in a row, extending to more than $40 the increase in the price since Monday. So far, during 2014 it has risen almost $200, recovering from $1,180.
Silver also rose on Friday but not as much as gold, and finished the week around $21.45, still far from 2014 highs that lie at $22.15.