Gold edges up after two-day decline

- January 24th, 2011

Reuters reports that spot gold prices edged up on Monday, regaining some lost ground after falling for two consecutive days.

Reuters reports that spot gold prices edged up on Monday, regaining some lost ground after falling for two consecutive days.

The market news is quoted as saying:

Speculative net long positions in U.S. gold futures fell to 164,993 by Jan 18, from 177,372 a week earlier, the U.S. Commodity Futures Trading Commission said.

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