Gold fluctuate on rising physical purchases and falling investment demand

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Source: Bloomberg
Gold futures swung between gains and losses on Tuesday following an increase towards the strongest level in a three-week period as traders weighed the forecast of rising physical purchases in Asia against falling investment demand. Bullion for January delivery lost and added as much as 0.3% and traded at $1,243.13 an ounce by 2:18 p.m. Singapore time.

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Tue, 07 Jan 2014 11:08:04 GMT

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