Gold shook off early losses to hit its highest level in 6-1/2 months on Wednesday after Japan joined the United States and Europe in mounting more stimulus measures to boost its economy, raising gold's appeal as a hedge against inflation. Spot gold rose as high as $1,779.10 an ounce, its loftiest since February 29. By 0656 GMT, gold was up 0.4 percent at $1,777.89.
Gold has risen around 17 percent since hitting this year's low of $1,527 in May, buoyed by measures by central banks to help the global economy. US gold for December delivery rose half a percent to $1,780.40.
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