Gold settled at a two-week high on Wednesday, as investors cheered the concerted effort by global central banks to help the financial system with borrowing costs.
Gold for December delivery rose $32.10, or 1.9%, to $1,745.50 an ounce on the Comex division of the New York Mercantile Exchange, its best since Nov. 16. Copper rose 5.6%, leading gains among metals futures.
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