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Gold higher, but silver sets the pace

August 27, 2019

Gold futures edged higher Tuesday as investors continued to gauge progress in the U.S.-China trade talks, while silver jumped to hit a nearly two-year high.

Gold for December delivery GCZ19, +0.24% on Comex rose $1.80, or 0.1%, to $1,539 an ounce, while September silver SIU19, +2.12% was up 28.4 cents at $17.925 an ounce, a gain of 1.6% to trade at the highest level for a most-active contract since September 2017, according to FactSet.

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