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The price of Aussie Gold is higher in electronic trading, at 3pm Sydney, Australia, time.
The yellow metal last traded at US$1244 an ounce, and with the exchange rate of AUD / USD 0.714, this equates to over A$1730 an ounce.
The Australian Dollar is slightly weaker.
Earlier in the afternoon, the Reserve Bank of Australia left the cash rate at its record low of 2%.
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