Gold headed for a consecutive weekly gain that’s pushed it closer to a record high, as investors braced for an inflation reading that may prove key to US monetary easing this year.
Gold stocks rose in Hong Kong. China Gold International Resources rose 6%; Zhaojin Mining, Chifeng Gold, and Lingbao Gold rose 5%; Tongguan Gold rose 4%; Laopu Gold and Zijin Mining rose 3%; Shandong Gold rose 1%.
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