Gold futures climb toward $1,600 an ounce

 Gold futures climbed toward the $1,600 level on Tuesday, with analysts attributing the rally to short covering following the metal’s range-bound trading over the past several sessions and losses year to date. Marketwatch showed that Gold for April delivery rose $14.40, or 0.9percent, to $1,592.40 an ounce on the Comex division of the New York…

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