Gold extended its rally today after the dollar weakened. The US currency rose 0.8 percent against the basket of major currencies before resuming its downfall. Analysts say that most traders and consumers aren’t ready to buy the metal for such high prices. The only interested parties are investors and central banks interested in expanding their reserves. December futures for gold delivery added $0.1 to $1,372.10 per ounce by 13:43 on COMEX.
Copper also benefited from the weakness of the dollar.
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