WASHINGTON (dpa-AFX) - Gold stocks have shown a significant move to the upside during trading on Friday, driving the NYSE Arca Gold Bugs Index up by 2 percent. The index is on pace to end the session at its best closing level in nearly two months.
The rally by gold stocks comes amid an increase by the price of the precious metal, with gold for June delivery climbing $6 to $1,347.90 an ounce.
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