An analyst has underlined the fact that gold demand is continuing in the jewelry sector, which can push prices up even if there is a dip in the price of bullion. Gold futures on Monday after an upsurge in purchases from speculators and investors in the precious metal, according to Reuters. However, Yukuji Sonoda, precious metals analyst at Daichi Commodities in Tokyo, said that he believes even if the price does not soar back to its height of $1,000 an ounce, there will still be demand for gold.

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