Spot gold [XAU= 1501.50 7.60 (+0.51%) ] hit a high of $1,505.21 an ounce and was bid at $1,505.16 an ounce against $1,493.90 late in New York on Tuesday.
US gold futures [GCM1 1502.40 7.30 (+0.49%) ] for June delivery (GCv1 rose $10.60 an ounce to $1,505.70.
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