Gold light technical buying above $ 1,400 rebound, rose more than 1%, but the mood is crumbling steady outflow of exchange-traded funds held reduced to the lowest in three years.
The technical outlook for the gold, which has plunged more than 15% so far this year and has not improved, safe-haven assets eager to support physical buying in Asia and other regions of the world can find.
The largest gold-backed exchange transactions, funds, New York's SPDR Gold Trust, holding down 0.88% on Friday (Thursday), while those of the largest silver ETF, the iShares Silver Trust in New York remains unchanged over the same period.
The price of gold under pressure, have also come to Cyprus plans to sell excess gold reserves to raise about 40 billion euros, leading to speculation that other heavily indebted euro-zone countries may follow.
In other markets, Japan's stock market long drive nearly five-year high yen bear the symbolic 100 yen / dollar door clawed 20 rally in Washington, but agreed with Japan's aggressive reflation drive Bank Group.
 



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