Gold advances as the lowest price in four months spurs demand

Note: This section contains information in English only.
Source: Bloomberg
Spot gold price increased by 0.4% to $1,662.50 an ounce in the second part of Singapore trading session on Monday. Investors were positive on precious metals, as they have reached the lowest prices in last four months. Gold rebounds after the worst weekly performance since 2004. Commodity prices were strongly affected by the U.S. Federal Reserves statement, that its bond-buying program might end in the end of 2013.


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