CAPITAL MARKETS

Gold builds support

GOLD continued to make minor incremental gains, building on support from news that China is moving to expand its market for the precious metal with the price reaching $US1192.17 an ounce at the time of market close. However, some analysts are finding its price movements frustrating, saying it is unclear whether the tepid gains are a correction ahead of renewed downside, or a sign that a larger bull trend has resumed.

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