U.S. gold up on Iran woes, higher oil price


NEW YORK, Dec 26 (Reuters) - U.S. gold futures rebounded from the long Christmas weekend to hit an 11-day high Tuesday as funds dug into the precious metal as a safe-haven investment as oil rose initially on Iran worries. Sentiment was also lifted by official and private forecasts for a robust Chinese economy next year, which analysts say would help the country's top trading partner, the United States. By 11 a.m. EST (1600 GMT), benchmark February gold on the COMEX division of the New ...

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