Gold Building on Last Week’s Gains

iNVEZZ.com reported that spot gold is building on last week’s gains this morning, currently trading at $1,325 per ounce.

As quoted in the market news:

‘We are bullish gold, targeting a full retracement back to the $1,433 high from August 2013,’ say ScotiaMocatta analysts.

According to the Commodity Futures Trading Commission, speculators have raised their bets in gold futures and options to hit a three-month high.

Click here to read the full iNVEZZ.com report.