Kuwait – Mubasher: The price of gold in the past few weeks lost 27% of its gains, which have been achieved since the beginning of 2016, according to a recent report issued by Sabayik Al-Kuwait for commerce and precious metals trade company.
The report expected gold price to keep 6% of its 2016-gains once it settles above $1,120 per ounce.
The price of gold increased to $1,375 in the beginning of July 2016 from $1,066 at the beginning of this year, the report added.
