Gold prices heads for 2nd weekly rise, PGMs off 17-month peak

Feb 08 2013, 11:21 IST
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SummaryGold hit a low of $1,667.64 an ounce before rebounding to $1,671.31.

a dealer in Hong Kong. "Let's see what people think about gold after the holiday, whether it will break the current ranges."

China's gold production rose for a sixth consecutive year and hit a record 403 tonnes in 2012, keeping its ranking as the world's largest bullion producer, the Shanghai Securities News said on Thursday.

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