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Goldplat plc

Gold surges to near 14-month peak, set for fourth weekly gain

Gold prices rose on Friday, moving closer to their 14-month high hit last week, as trade and political turmoil, along with U.S. interest rate cut expectations propped up the precious metal.

Spot gold was up 0.3% at $1,345.28 per ounce, as of 0504 GMT, after hitting a session high of $1,347.81, less than $1 away from its 14-month peak of $1,348.08 touched last week.

Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.