Still glittering: Despite the sluggish momentum in recent months, many analysts and dealers remain positive on the outlook for the precious metal. — AFP
Gold started the year on a rather weak note, as buying momentum wanes.
With investors turning to riskier assets for better returns amid an improved global economic outlook resulting from the progress in Covid-19 vaccine, the precious metal has seen its prices fall by about 2% since the beginning of 2021.
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