By Ross Norman of Sharps Pixley | Wednesday 5 February 2014
The U.S. Comex gold futures kicked off the year with a 3.14% gain during January. The prices fell 1.91% last week after rising for five consecutive weeks. This week, the gold futures rebounded 0.89% albeit with some volatilities as equities have rebounded on Tuesday. After falling for three weeks and declining five percent year-to-date, the S&P 500 Index plunged 2.28% on Monday but rebounded 0.76% on Tuesday.
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