Growing investor fears will continue to support the gold market with the potential for prices to push 3 percent higher from current levels.
In its quarter metals report, analysts at international brokerage firm Sucden Financial said that they see signs of growing investor confidence in the gold market as prices continue to hold critical support above $1,300 an ounce. April gold futures last traded at $1,311 an ounce, down 0.55% on the day.
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