CAPITAL MARKETS

Gold under pressure

AFTER moving back above US$1270 an ounce yesterday morning, gold took another tumble.

Kristie Batten
Gold under pressure

Gold futures have traded in a range of $1255-$1272.40/oz over the past 24 hours, and last sat at the bottom of the range. IG market analyst Chris Beauchamp said gold needed to consolidate above $1270/oz...

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