Gold spot price steps higher

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Gold spot price increased by 0.2% to $1,713.12 an ounce in Asia trading hours on Wednesday. However, in October gold price has decreased by 3.4% and that was a first negative price performance since May, as traders' reserves in bullion-backed products reached a record level. According to analysts, market has little bit overpriced gold with quantity easing expectations and now the price slips back to the level where it should be.
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