Gold adds after hitting 3-week low as demand strengthens

Source: Bloomberg
© FP
Gold added after the biggest drop in three weeks due to investors' evaluation of signs of improvement in demand against the monetary stimulus reduction outlook in U.S. The futures of gold for immediate delivery advanced $1,241.48 at 9:23 a.m. in Singapore. Prices slipped 1.1% yesterday, the lowest since December 30. Gold's enhancement of 12-year is ended, since the Fed decided to reduce its unprecedented monetary stimulus.

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