According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from probable buyer reticence and profit-taking, reflected in falling Chinese premia, lower Indian imports and flat-lining Comex positioning. “On the flipside, the trend in North American gold exchange-traded fund (ETF) flows turned positive – albeit slightly – joining strong demand for Asian ETFs,” the WGC said on May 8. It noted that gold hit new all-time highs in April but pulled back by month-end, with Chinese buying and central ... (full story)