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Gold is continuing on its upward path.

The precious metal has hit a fresh three-month high today, rising above $1,237 a troy ounce for the first time since November.

Gold has been on a steady upward trend since December, amid investor anxiety over geopolitics following the election of US President Donald Trump. The rise in gold prices corresponds with a downward trend for the US dollar over the same period.

The yellow commodity has risen 8 per cent this year. But analysts have warned the outlook for gold remains uncertain, with expected interest rate rises in the US likely to dampen demand for the precious metal.

Copyright The Financial Times Limited 2017. All rights reserved.

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