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Gold futures rose above $2,000 an ounce

Gold prices with delivery in December exceeded US$2,000 per ounce in New York on the back of a weakening dollar and negative real yields of treasury securities. Silver prices are preparing to close the best month since 1979.

Goldman Sachs: Decreasing dollar will not weaken demand for US assets

Goldman says that a weaker dollar may indeed signal an increase in cross-border M&A deals, but overall demand for US assets will remain high.

Chinese banks limit clients' access to gold, platinum and palladium trading

Chinese authorities fear that the "gold rush" that has engulfed local speculators could end up as sadly for them as the oil trade in April, Reuters reports.