Gold Stocks Moving Notably Higher Along With Price Of Metal

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WASHINGTON (Alliance News) - Gold stocks have shown a substantial move to the upside during trading on Friday, with the NYSE Arca Gold Bugs Index surging up by 2.9%. The index has reached its best intraday level in nearly three months.

The strength among gold stocks comes amid a notable increase by the price of the precious metal, as gold for February delivery jumped USD12.40 to USD1,334.90 an ounce.

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