Gold May Climb as Fed Minutes, Weak Consumer Confidence Boost Haven Demand

Bloomberg reported that economic concerns pushed gold prices back up from their recent drop.

The market news is quoted as saying:

Immediate-delivery gold was little changed at $1,835.65 by 9:04 a.m. in Melbourne. Bullion has rallied 29 percent this year, touching a record $1,913.50 an ounce on Aug. 23.

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