Gold rebounds

- March 23rd, 2010

On Tuesday, bargain hunting lifted gold after it fell to its weakest in nearly a month in the previous session.

On Tuesday, bargain hunting lifted gold after it fell to its weakest in nearly a month in the previous session.

The press release is quoted as saying:

Spot gold hit an intraday high of $1,106 an ounce and was at $1,104.20 an ounce by 0622 GMT, up $2.60 from New York’s notional close on Monday. It had dropped as low as $1,092.25 an ounce on Monday, its weakest since February 25.

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