Gold off 2-week high

- March 29th, 2010

On Monday, Gold jumped to its highest in nearly two weeks before losing some of the gains to profit taking, bracing for volatile days ahead as the euro remained vulnerable to selling.

On Monday, Gold jumped to its highest in nearly two weeks before losing some of the gains to profit taking, bracing for volatile days ahead as the euro remained vulnerable to selling.

The press release is quoted as saying:

Spot gold rose as high as $1,112.55 an ounce, its strongest since March 19, and was at $1,108.90 by 0623 GMT, up $3.80 from New York’s notional close on Friday, when it rose more than 1 percent to regain the psychological level of $1,100.

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