Gold pulls back again

GOLD’S charge towards US$1300 an ounce proved to be short-lived.

Gold pulls back again Gold pulls back again Gold pulls back again Gold pulls back again Gold pulls back again

The precious metal never managed to move beyond its Friday close of $1296.50/oz, instead dropping to as low as $1274.10/oz.

Strength in the US dollar was behind the drop as US stocks moved higher.

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