The near-term view is positive; prices can rise further in the coming truncated week

As the global financial markets enter the year-end holiday season, with the curtains ready to fall on 2017, gold is all set to make a positive close for the second consecutive year. The yellow metal, which was trading calm in a broad sideways range between $1,200 and $1,300 per ounce in the first half of the year, picked up momentum thereafter. The yellow metal witnessed a robust rally between Ju...