Bullion rebounds from one-month low on lower equities

Source: CNBC
Gold halted its fall seen in the previous sessions, standing above the psychological mark of$1,100 per troy ounce, as the bullish mood on stock markets around the world calmed down. The yellow metal added 0.40% to $1,106.40 per ounce by 07:37 AM GMT on Thursday. The recent decline in gold prices was caused by a rally on equity markets and a buoyant US Dollar, which made precious metal less attractive for holders of other currencies.

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