Proactive Investors Australia delivers insights on global commodity markets, along with the impact on local market sectors.
Electronic trading in gold has received a boost in afternoon trade, recovering some of the 2.4% lost overnight.
Spot gold last traded 0.7% higher at US$1209 an ounce, at 3pm Sydney, Australia, time.
With an exchange rate of AUD / USD 0.71, this prices the yellow metal close to A$1700 an ounce.
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