Gold back in vogue, posts biggest gain since August

(Reuters) – Gold prices were on course for their biggest monthly rise since August on Tuesday, supported by a weaker dollar and raising the possibility of a climb toward last year’s record high of just over $1,900 per ounce.

Sentiment for gold at the end of January compares starkly with late December, when prices dropped by more than 10 percent in their biggest monthly fall since the collapse of Lehman Brothers in an investor dash for cash.

 

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