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Urgent: Gold up sharply on weak U.S. data

Xinhua, May 14, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange soared Wednesday as a worse- than-expected U.S. retail sales report gave support to the precious metal.

The most active gold contract for June delivery rose 25.8 U.S. dollars, or 2.16 percent, to settle at 1,218.20 dollars per ounce. Endite