| Predictions that the gold price would rise in the opening stages of 2016 were borne out in the first session of the year, as the precious metal enjoyed a strong 'safe haven' bounce.
Spot gold rose more than $20 an ounce at one point, from near its recent multi-year low to above $1,083, before retreating slightly. The price ended the New York session 1.3 per cent higher at $1,075 – and it edged up to around $1,077 in London this morning...............................................Full Article: Source
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