Gold Futures Advance Most This Month as Chinese Buyers Return
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Gold futures climbed the most in more than three weeks as buyers returned from holidays in China, the world’s biggest consumer after India.
Volumes for the Shanghai Gold Exchange’s benchmark spot contract gained for the second straight day. Markets in China were shuttered in the five sessions through Feb. 24 for the Lunar New Year holiday. The country’s gold imports from Hong Kong rose in January from the previous month as jewelry demand increased, data showed Thursday.