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Gold extends biggest rally in seven years

LONDON: Gold today extended the biggest surge in seven years as the fallout from the Britain’s decision to exit the European Union boosted haven demand.

London, June 27

Gold today extended the biggest surge in seven years as the fallout from the Britain’s decision to exit the European Union boosted haven demand.

Gold rose 0.8% to $1,325.79 an ounce. Prices surged 8.1% on Friday to the highest in two years as the referendum result caused turmoil across global markets. — Bloomberg

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