Gold rises on high inflation in Europe


By Xu JingUnreguser

CHICAGO, Feb. 28 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday on high inflation in major European countries.

The most active gold contract for April delivery rose 11.80 U.S. dollars, or 0.65 percent, to close at 1,836.70 dollars per ounce.

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