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gold investing

Gold eases as Egypt rally loses steam

Written by Investing News Network
|
Jan. 31, 2011 03:55AM PST

Reuters reports that Gold eased on Monday after posting its largest daily gain in eight weeks on Friday.

Reuters reports that Gold eased on Monday after posting its largest daily gain in eight weeks on Friday.

The market news is quoted as saying:

Gold is set for its worst monthly performance since December 2009, driven down by the improving tone of some key U.S. economic data, growing investor confidence and a near-record decline in holdings of metal in exchange-traded funds.

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