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Aug. 5, 2020, 1:37 p.m. EDT

Gold's historic rally persists as the precious metal notches a fourth straight gain and another record high

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By Mark DeCambre

Gold prices settled sharply higher Wednesday, extending a record run for the precious metal that has helped it to log four straight gains and eclipse a historical milestone above $2,000 this week. December gold /zigman2/quotes/210039572/delayed GCZ20 +0.37% closed up $28.30, or 1.4%, at $2,049.30 an ounce, marking a fresh record for the commodity even as stocks broadly gained. The yellow metal has soared by more than 34% in 2020, surpassing the year-to-date rally in the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -1.07% , which has risen by 22.5% over the same period.

Read the full story:
Gold logs fresh record high near $2,050

US : U.S.: Nymex
$ 1,957.10
+7.20 +0.37%
Volume: 174,242
Sept. 18, 2020 4:59p
US : U.S.: Nasdaq
-116.99 -1.07%
Volume: 5.26M
Sept. 18, 2020 5:16p

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