Forex News Spot gold off some $25/oz from recent 4-month high of $988.30/oz after oil down sharply, small strengthening in USD but "it is much too soon to call an end to the safe haven buying seen of late," says UBS. While no repeat of major inflows into U.S. gold exchange traded fund, investors still moving money into ETFs. No redemptions despite quick fall in gold. ETFs listed elsewhere also record ongoing inflows. Points to buying interest in U.S. Treasurys as sign of more safe haven gold buying to come. Gold has good support at $955-$956/oz. Spot gold at $957.15, down $2.55 vs NY close.
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