Gold bounces back – but for good?
Gold is on the rebound after a 4.5% drop this week, and the plunge has triggered serious concern about the condition of the global economy.
The Comex index has passed the $1,400 mark, gaining 21.5 points to $1,412.60 an ounce at 15:17 DST.
“We are already seeing a strong response to the fall in prices, with a sharp pick-up in physical gold sales by investors and retail consumers in the two key consumer markets
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