Gold edged up to $1,308

Source: CNBC
© Scanpx/Reuters
Gold lost 0.4% of its value in the previous session because of the firmer equities, reaching the level of $1,308. However, traders and analysts forecast gold prices to fluctuate at $1,277 for the whole year due to improvements in the U.S. economy, while Asia weakens. The largest exchange-traded fund in the world SPDR Gold Trust expanded its holdings by 1.5 tonnes to 804.48 tonnes during Tuesday.
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