Forex News Spot gold higher, EUR noses higher against USD, equities lower. "There's still plenty of money moving into gold," says Sydney-based trader. Platinum group metals find base. CFTC gold report shows open interest sharply higher, gold holdings in exchange traded funds are "massive." Market also nervous on tension between Israel and Iran. Unnamed Israeli official predicts U.S.-led strike on Iran between election and inauguration day. Gold to "grind higher," targets $980-$981/oz. Spot gold at $967.50, up $1.70 vs NY close, platinum at unchanged $1,832.
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