Gold gains momentum ahead of major fundamental from Europe

Fundamental Precious Metals (2012-01-31)

31 January 2012 @ 03:03 am EDT

Gold gains momentum ahead of major fundamental from Europe

With the start of the session today, gold returns to continue the upside move after the decline seen yesterday; however, as we expected the metal recovered most of the huge losses yesterday after the U.S. dollar lost momentum and now we can see the metal extended the gains ahead of the critical fundamentals awaited from the euro-area region.

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