US gold rises on economic optimism

Precious Metals

On Tuesday, U.S. gold futures rose for a second day as economic optimism and news that China’s biggest sovereign wealth fund held a stake in the metal boosted bullion investor sentiment.
The press release is quoted as saying:
Sentiment bullish after China Investment Corp disclosed it invested in gold ETFs and gold mining shares.
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On Tuesday, U.S. gold futures rose for a second day as economic optimism and news that China’s biggest sovereign wealth fund held a stake in the metal boosted bullion investor sentiment.

The press release is quoted as saying: