After the European Central Bank’s move, world gold prices exploded to an all-time high. Domestically, SJC gold bars today remained “stagnant”, causing the difference between the two markets to decrease to the lowest level in 1 month.
During the US session on September 12, world gold prices increased nearly 2% and ended the session at 2,557 USD/ounce. The rising momentum continued, gold price exceeded 2,560 USD in the Asian session on September 13.
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