18.02.2014 - Gold price continues climb as hedge funds up bullish bets 17pct
The gold price continued to build on recent gains on Monday, with another double-digit advance to a fresh three-and-a-half month high. In morning trade on the Comex division of the New York Mercantile Exchange, gold futures for April delivery the most active contract hit $1,329.90 an ounce, up $11.30 from Friday's close. Gold is now at its highest level since end October last year and up just short of 10% so far in 2014. There appears to be a definite shift in sentiment this year after 2013's dismal 28% retreat in the price of gold...............................................Full Article: Source
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