Gold Price Approaches Key $1,000 Level

Gold Investing News reports gold price almost approaching the $1,000 level.

Spot gold earlier fell to its lowest since May 28 of $951.50 per ounce. But it was up 0.4 per cent at $958.90 per ounce, compared with New York’s notional close of $955.30 on Friday. U.S. gold futures for August delivery trimmed earlier losses of about 0.7 per cent and were down 0.3 per cent at $960.10 an ounce, compared with $962.60 an ounce on the COMEX division of the New York Mercantile Exchange.

For complete story, click this link.

Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.