Australia stocks higher at close of trade; S&P/ASX 200 up 1.67%

Gold Futures for February delivery was down 0.06% or 1.70 to $2,643.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.50% or 0.35 to hit $69.81 a barrel, while the March Brent oil contract rose 0.45% or 0.33 to trade at $72.89 a barrel.

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