Metals - Regional

Gold rebounds to US$1,247.50/oz but sentiment remains bearish

Gold rebounds to US$1,247.50/oz but sentiment remains bearish

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Gold closed Tuesday at US$1,247.50/oz on the London Bullion Market, slightly up from US$1,243/oz in the previous trading session. Despite the rise, gold sentiment remains bearish with continued ETF outflows and subdued physical buying.

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