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Gold price up at 6-month high as Ukraine, China prompt safe-haven bids

Mar 19 2014, 14:54 IST
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SummaryGold price extended gains to a third session on Thursday, scaling fresh six-month highs as investors sought to hedge their bets against geopolitical tensions in Ukraine and economic slowdown fears in China.

- the first decline since Feb. 19. Physical demand has been subdued due to the price rally, with prices in China - the biggest bullion consumer - trading at a discount to spot prices.

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