Gold claws back most of today's losses

Author: Adam Button | Category: News

Solid turnaround for gold

Solid turnaround for gold
Gold is now down just $4 as it climbs to $1784 from as low as $1764.

The latest rebound matches the high in Asian trading and comes as risk aversion, profit taking and flows into month-end dominate.

Importantly, seasonals in December start to turn ahead of the big seasonal tailwind in Jan/Feb.

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