Safe haven demand lifts gold
But the pull-back to $1,300/oz leaves open the possibility of prices falling further
Gold prices reversed sharply higher after falling initially in the past week. The global spot gold prices fell to a low of $1,268 per ounce on Tuesday and surged from there to test the psychological $1,300 mark for the first time since November 2016.Gold gaining safe haven status on the back of the ongoing political uncertainty in the US and terror attack in Spain helped push the prices higher. H...
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