Gold futures rose Tuesday as bargain buying and speculation about a corresponding boost to physical demand lifted a market that had recently fallen to seven-week lows.
The most actively traded gold contract, for February delivery, recently traded $9 higher, or 0.7%, at $1,369.50 an ounce on the Comex division of the New York Mercantile Exchange. Gold slipped 0.6% last week, ending at seven-week lows as signs of strength in global economic markets hurt its safe-haven appeal.
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