Gold hits over 3-month high on strong technicals


Gold began 2018 on a firm note on Tuesday after prices hit their highest in more than three months, supported by technical factors after breaking above $1,300 an ounce last week. Spot gold rose 0.2 per cent to $1,305.93 an ounce at 0251 GMT, having hit its highest since September 26 at $1,307.63 earlier in the session. US gold futures fell 0.1 per cent to $1,308 an ounce.
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