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The price of gold rose on Tuesday to remain near its highest level in more than six years, as the trade war between the US and China intensifies, threatening global economic growth .

At 18:08 GMT, gold had risen 0.5% to 1470.96 dollars an ounce, after reaching its highest level since May 2013 at 1474.81 dollars earlier in the session.

The yellow metal jumped about 2% in the previous session.

Gold futures rose 0.52% to settle at 1484.20 dollars an ounce.

The turmoil in global markets eased as China overcame the yuan a day after being allowed to fall below the seven-yuan-to-dollar threshold. On the financial markets. "

Among the other precious metals, spot silver rose 0.2% to $ 16.42 an ounce, while palladium jumped 1.9% to $ 1,441.55. 39; oz.

Platinum fell 0.4% to $ 849.96 an ounce.

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