| The gold price jumped to a three-and-a-half-month high above $1,320 an ounce on Friday, capping one of its best weeks in years. Gold's rise this year – it is up 9.8% so far – has been ascribed to a number of factors.
Some key technical levels have been breached, including the 200-day moving average on Friday which supposes further upward momentum. Safe haven buying on turmoil in emerging markets boosted gold in January and continued strong physical demand from Asia has also provided a solid floor to the price...............................................Full Article: Source
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