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    gold investing

    Gold gives up early gains, econ worries support

    Investing News Network
    Sep. 08, 2010 10:12AM PST
    Precious Metals

    On Tuesday, Gold edged down as early buying subsided and the euro slipped against the U.S. dollar, but volatile stock markets could encourage some investors to shift to bullion.

    On Tuesday, Gold edged down as early buying subsided and the euro slipped against the U.S. dollar, but volatile stock markets could encourage some investors to shift to bullion.

    The press release is quoted as saying:

    Spot gold XAU= eased 20 cents to $1,249.35 an ounce by 0525 GMT, having hit an intraday high of $1,251 on light physical buying. U.S. gold futures for December delivery GCZ0 were unchanged at $1,251.1 an ounce.

    Click here to access the entire press release

    gold investing
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