Gold Climbs for Third Straight Day

Reuters reported that gold continued to climb for the third day in a row, as investors re-emerged, thinking that last week’s slide was overdone.

As quoted in the market report:

Traders were forced to cover their short positions and buy back metal they had agreed to sell at a future date after gold logged its biggest three-month loss since at least 1968, according to Reuters data.

To view the whole Reuters report, click here.