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Aug. 26, 2021, 1:51 p.m. EDT

Gold futures touch highs above $1,800 an ounce

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    Gold Dec 2021 (GCZ21)

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By Myra P. Saefong

GCZ21

Gold futures rose Thursday, touching intraday highs above the psychologically important $1,800 mark and recouping some of the losses suffered in the previous session. Investors await a speech from Federal Reserve Chairman Jerome Powell at the Jackson Hole symposium Friday for hints on the timing of the central bank's plan to scale back crisis-era monetary policy accommodations. December gold /zigman2/quotes/210039437/delayed GCZ21 +0.52% rose $4.20, or 0.2%, to settle at $1,795.20 an ounce after losing 1% Wednesday.

/zigman2/quotes/210039437/delayed
US : U.S.: Nymex
$ 1,791.60
+9.30 +0.52%
Volume: 454.00
Nov. 30, 2021 12:35a
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