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Reuters reported that gold climbed modestly on Tuesday, but is still suffering from a shift in investor sentiment towards equities.
Reuters reported that gold climbed modestly on Tuesday, but is still suffering from a shift in investor sentiment towards equities.
As quoted in the market report:
We are seeing some strong buying out of China,” said Victor Thianpiriya, commodities analyst at Australia and New Zealand Banking Group. “Physical demand picked up a little bit yesterday and today.