Gold Hovers Around $1,380/oz as Equities Gain Stability

Precious Metals

Reuters reported that gold found steady ground in London on Wednesday, holding close to $1,380/oz, as equities gained some balance after two days of losses.

Reuters reported that gold found steady ground in London on Wednesday, holding close to $1,380/oz, as equities gained some balance after two days of losses.

As quoted in the Reuters report:

Spot gold was at $1,378.10 an ounce at 0922 GMT, little changed from $1,378.99 late on Tuesday. The precious metal has fallen around half a percent so far this week.

To view the whole Reuters report, click here.

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