• Gold retreated

Market news

11 January 2016

Gold retreated

Gold climbed to $1,104.70 (+0.62%) and is currently close to a nine-week high reached on Friday. Demand for this safe-haven precious metal is supported by the ongoing weakness in Chinese stocks and tensions in the Middle East. Sources reported that Chinese officials doubt that China's economy will see expansion of more than 6.5% this year.

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