The yellow metal is slowly clambering out of the pit it fell into last month. Having slumped to $1,350 an ounce in mid-April, it has since regained the $1,450 mark and hovered around this level for a fortnight.
On the plus side, Asian and American buyers have flocked to scoop up some cheap coins or bars, says Emiko Terazono in the FT. The US mint says that sales of American Eagle gold coins reached their second-highest level in a decade last month, eclipsed only by December 2009.
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