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Story summary
- U.S. investors lifted gold to $4,651 an ounce, its highest in over three months.
- Gold rose about 15% in August, on track for its best month since September 1999.
- Middle-East conflict and political uncertainty helped fuel the rally.
- IG analyst Tony Sycamore expects support for dips as gold nears $5,000 resistance.
- Swissquote analyst Ipek Ozkardeskaya warned oil-price and inflation worries could dampen gold.
