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Spot gold spikes to $4,070/oz high as U.S. new home sales rise 1.6% in June
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(Kitco News) - Gold prices are trading near their session highs on Friday morning after the latest data showed the U.S. housing market improving in June.New home sales rose 1.6% last month, lower than the expected 3.4% increase, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced. 
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