WASHINGTON (dpa-AFX) - After rebounding sharply in the previous session, gold stocks have continued to regain ground during trading on Friday. The NYSE Arca Gold Bugs Index has surged up by 2.8 percent, climbing further off the two-month closing low it set on Wednesday.
The strength among gold stocks comes amid an increase by the price of the precious metal, with gold for December delivery climbing $8.90 to $1,326 an ounce.
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