Gold futures jump on China central bank buying, more Middle East instability

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Dec. 09, 2024 5:45 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA News Editor
stack of shiny gold bars 3d illustration

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Gold futures rallied Monday as China’s central bank resumed purchases of bullion in November after a six-month hiatus, which may shore up Chinese investor demand.

The People’s Bank of China said it bought 160K fine troy ounces last month, its first addition


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