Gold jumps more than 2 percent on technical buying
Gold jumped more than 2 percent on Monday after a rebound above $1,400 ignited technical buying, but sentiment was shaky as steady outflows from exchange-traded funds trimmed their bullion holdings to the lowest in three years.
Gold buyers in India trickled into shops as prices fell by about 5% from the all time high struck last week, and dealers said, a further dip below the psychological mark of Rs15,000 may rekindle buying interest.