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Gold prices have hit a new multi-year high above $1,781 as money managers rush to adjust their portfolios ahead of the end of the month and quarter. The previous metal has leaped from its trading range around $1,770 to current levels in a rapid move.

The next level to watch is $1,795, which was the peak back in late 2012. The psychologically significant level of $1,800 is also getting closer. 

Support awaits at around $1,764, which was the daily low.

more to come

Highest since 2012