India, Sept. 30 -- Gold prices surged early in the session on Wednesday but have given back ground over the course of the trading day.
After jumping by as much as 1.7 percent to a high of $4,251.10 an ounce, gold for December was last seen trading at $4,181.20, up just $1.50 or less than a tenth of a percent.
The price of gold initially benefitted from a positive reaction to a closely watched report on consumer price inflation in the U.S.
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