New York
GOLD is back in a bull market for the first time since 2013, with prices rising even as global stocks advance.
"Gold and equities rallying together is a positive story for bullion," Jordan Eliseo, Sydney-based chief economist at trader Australian Bullion Co, said. "The rally in equities is based on a belief in even more extreme monetary measures by developed market central banks, so it's not surprising to see gold rally in this environment too."
Bullion for immediate delivery settled at US$1,264.25...
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