Gold swings as investors weigh outlook

Gold swung between gains and losses in London as investors weighed the outlook for a strengthening economy against speculation this month’s price drop may spur more physical buying.

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Published: Wed 25 Dec 2013, 9:20 PM

Last updated: Sat 4 Apr 2015, 7:51 AM

Gold for immediate delivery added 0.1 per cent to $1,199.84 in London.

Bullion for February delivery rose 0.2 per cent to $1,199.10 by 7:35am on the Comex in New York. Prices fell as much as 0.1 per cent after gaining as much as 0.4 per cent. Futures trading volume was 58 per cent below the average for the past 100 days for this time of day, data showed.


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