Gold appreciates for the third day on Central Bank purchases

Source: Bloomberg
Spot price of gold was higher by 0.6% to $1.590.89 an ounce in the morning of London trading session on Monday. Prices slipped by 1.8% last week and reached $1,555.55 on 21 February. Today gold increases for the third day, as data indicated that central banks in Russia and Kazakhstan extended their bullion stocks last month.

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