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Reuters reported that European debt concerns may spur gold to its worst week since September.
Reuters reported that European debt concerns may spur gold to its worst week since September.
As quoted in the market news:
Spot gold edged up 0.17 percent to $1,724.2 an ounce by 1424 GMT, from $1,721.19 late in New York on Thursday. In the previous session, it fell 2.5 percent and hit a 2-1/2 week low at $1,709.64 an ounce and it was on track for a weekly decline of almost 4 percent.