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Partial correction for gold, still above the $4,400 level
A partial correction for the ultimate safe-haven asset, which continues to feel the effects of profit-taking by investors. Prices remain stable above the psychological threshold of $4,440 per ounce.
[Source: Milano Finanza]
Gold down amid increased profit-taking
Gold prices fell in today’s trading session, weighed down by investors taking profits. Spot gold declined by 1% to $4,452.97. The overall trend remains upward, but in the short term the high price level has encouraged investors to liquidate their positions in physical gold.
[Source: Market screener]
Gold rises again: tensions in Latin America weigh on markets
Gold is once again attracting investors seeking safe-haven assets. Markets have been unsettled by U.S. intervention in Venezuela, followed by the capture of Nicolás Maduro.
Prices are sharply higher in today’s trading, with spot gold up 2.4% at $4,432.12 per ounce.
[Source: Teleborsa]
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