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Gold settles higher for fourth day

Gold futures on the COMEX Division of the New York Mercantile Exchange further hiked on Thursday, extending the metal's rally into the fourth trading day, as a weaker euro spurred buying of gold.

The most active gold contract for February delivery climbed 7.4 U.S. dollars, or 0.5 percent, to 1,620.1 dollars per ounce, the highest settlement since Dec. 13.

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