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On thursday,Gold rose 1 percent , rebounding from two-week lows and snapping three days of declines as investors scrambled to cover short positions after a report that China will buy IMF-auctioned bullion.
The press release is quoted as saying:
Spot gold, which reflects the price of bullion, was bid at $1,105.55 an ounce by 2:50 p.m. EST […]
On thursday,Gold rose 1 percent , rebounding from two-week lows and snapping three days of declines as investors scrambled to cover short positions after a report that China will buy IMF-auctioned bullion.
The press release is quoted as saying:
Spot gold, which reflects the price of bullion, was bid at $1,105.55 an ounce by 2:50 p.m. EST (1950 GMT), up from $1,097.25 in New York late on Wednesday.
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COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 2390.81 | +9.01 | |
| Silver | 28.25 | -0.64 | |
| Copper | 4.30 | -0.08 | |
| Oil | 85.38 | -0.03 | |
| Heating Oil | 2.66 | 0.00 | |
| Natural Gas | 1.73 | +0.04 | |
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