Wednesday, 10 July 2013

CNN Money: Gold bugs regain some swagger

After enduring a brutal sell-off this year, gold bugs appear to be making a stand.

Gold prices rose 1% to $1,246.90 an ounce Tuesday after earlier making a run at $1,260.

Of course, gold is still down more than 33% from the all-time highs near $1,900 in September 2011.

But Tuesday's rebound raised hopes on StockTwits that the worst is over for the yellow metal.

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