Gold higher in European trading hours

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Source: Forexpros

On Friday, futures for gold inched higher during European trading hours. On the NYMEX, contracts for August delivery of gold were traded at USD1569.75 per troy once, adding 0.27% by 10:30 GMT. Earlier during the session, futures for gold peaked at USD1572.85 per troy once. The gold's support could be found at USD1560.45, while resistance was likely to be at USD1634.25.

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