Gold Rebounds From 13-Month Low as Major Investors Return
Gold prices recovered from a 13-month low following renewed buying interest from major institutional investors.
Gold prices have rebounded from a 13-month low as major investors returned to the market, according to Traders Union.
Market Recovery
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The recovery in gold comes after prices touched their lowest level in 13 months. Buying pressure re-emerged across global markets as major market participants resumed building positions in the precious metal following the prolonged downturn.
Key facts
- Gold prices rebounded after dropping to a 13-month low.
- Major investors returned to purchase the precious metal.
- The move follows extended downside pressure on bullion prices.
Source: news.google.com
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