Gold gains on Yemen attacks, China Lunar New Year buying

Gold gains on Yemen attacks, China Lunar New Year buying

Gold gains on Yemen attacks, China Lunar New Year buyingSpot gold was up 0.3% at $1,560.89 per ounce by 0726 GMT, after touching its highest since Jan. 10 at $1,562.51 earlier in the session. U.S. gold futures were flat at $1,560.50. “Chinese New Year is in front of us and some buying has emerged because of that,” Ajay Kedia, director at Kedia Advisory in Mumbai, said.

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