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Physical buying boosted gold almost 2% higher today.

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Gold Rings in New Year with Gain

Physical buying boosted gold almost 2% higher today.

Gold Rings in New Year with Gain (CNBC)

Physical buying boosted gold almost 2% higher today. However, speculators predict continued tapering from the Federal Reserve and improving global economic conditions will mean these gains will be short-lived. Today’s gain followed the precious metal hitting a six-month low on Tuesday.

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Gold Rings in New Year with Gain

Gold Rings in New Year with Gain (CNBC)

Physical buying boosted gold almost 2% higher today. However, speculators predict continued tapering from the Federal Reserve and improving global economic conditions will mean these gains will be short-lived. Today’s gain followed the precious metal hitting a six-month low on Tuesday.

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