Gold price 'cleared for rally' after hedge funds dump 700 tonnes

“Gold enjoyed one of its best trading days in months on Tuesday, bouncing off its 2018 low struck on Monday. Gold for delivery in August, the most active contract on the Comex market in New York, touched a high of $1,258.50 an ounce in the morning.”

Read the full article on mining.com:

http://www.mining.com/gold-price-cleared-for-rally-after-hedge-funds-dump-700-tonnes/