| The gold price surged to a three-month high in Asia overnight as expectations of when the US would raise interest rates continued to drift, but it was only briefly able to break a key resistance barrier.
The precious metal rose above $1,174 at one point, breaking through the $1,170 high summer watermark set in August. This was seen as a critical test for gold, as traders often sell out of rallies at such technical benchmarks and they can therefore act as a ceiling on upwards swings. Breaking clear of the threshold indicates a stronger surge to come...............................................Full Article: Source
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