Gold Prices Rally on New Buying

Precious Metals

Bloomberg reported that gold prices rose as a recent price drop attracted buyers back to the market.

Bloomberg reported that gold prices rose as a recent price drop attracted buyers back to the market.

As quoted in the market news:

Spot gold rose for the first time in four days, gaining as much as 0.4 percent to $1,595.80 an ounce and trading at $1,594.55 at 3:20 p.m. in Singapore. The metal fell to $1,580.13 yesterday, the lowest since Jan. 3.

Click here to read the full Bloomberg report.

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