Thu, 25 Apr 2013 10:01:03 GMT
Gold gains as central banks join buyers side
Gold price for immediate delivery was higher by 0.4% to $1,436.78 per ounce in the morning of Singapore trading session on Thursday. The price reversed from a 0.3% drop and set a seventh positive performance out of eight, as central banks took opportunity to increase gold reserves, as some physical buyers already did, after the sharpest decrease in gold in 33 years.