"Gold futures rose sharply Thursday, helped by strong Chinese export data, and by a weaker U.S. dollar versus the euro after the European Central Bank put to a halt the idea of further rate cuts in the near future.
Gold for February delivery rose $22.50, or 1.4%, to settle at $1,678 an ounce on the Comex division of the New York Mercantile Exchange. "
This news together with mining approval will cause the share price north.
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