Gold futures rose slowly, but remained within a narrow range.
Futures rose 0.3% to $2,665.60 per troy ounce. Volatility has fallen sharply and the five-day average daily price range has been reduced to just $26, Pepperstone’s Chris Weston said in a note.
There have been six straight days of indecision, with most gold investors lacking the conviction to push prices higher or lower, Weston said.
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