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    gold investing

    Gold rises as soft U.S. data pressures other assets

    Investing News Network
    Jul. 15, 2010 06:56PM PST
    Precious Metals

    On Thursday, Gold rose, benefiting from a retreat in risk appetite after soft U.S. economic data knocked stocks, the dollar and industrial commodities lower.

    On Thursday, Gold rose, benefiting from a retreat in risk appetite after soft U.S. economic data knocked stocks, the dollar and industrial commodities lower.

    The press release is quoted as saying:

    Spot gold was bid at $1,211.70 an ounce at 1528 GMT against $1,207.50 late in New York on Wednesday. U.S. gold futures for August delivery rose $5.40 to $1,212.40.

    Click here to access the entire press release

    gold investing
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