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Gold futures up 6% for biggest daily rise in 11 years
Wednesday, 25 March 2020 01:07 WIB | PRECIOUS METALS |GOLD

Gold futures climbed sharply on Tuesday, sending prices up by 6% to mark the biggest daily percentage climb in 11 years. Prices continued to draw support from the Federal Reserve's decision to purchase an unlimited amount of Treasurys and securities to support the financial market, as well as from expectations of tighter supplies amid news of the closure of some mining operations.

April gold rose $93.20, or about 6%, to settle at $1,660.80 an ounce.

Source: marketwatch

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