Gold Makes Modest Comeback

Reuters reported that gold was buoyed on Tuesday with news that Chinese credit availability might not be as tight as originally thought.

As quoted in the market report:

Spot gold was up 0.3 percent at $1,285.10 an ounce at 1139 GMT, off an earlier low of $1,273.46, though it continued to underperform other precious metals, oil and copper.

To view the whole Reuters report, click here.