Gold's Buillishness shoudl be Temporary

Gold moved in a mildly positive tone above 1300 in European session. The yellow metal's bullishness in the near term has been driven by geopolitical tensions. However, sluggish fundamentals should limit upside. ETF outflow resumed with holdings in SPDR gold trust falling -192.43K oz in the week ended August 8, following a -105.85K decline in the week ended July 25.

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Gold's Buillishness shoudl be Temporary

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