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Bloomberg reported that gold dipped on Friday against a dollar gathering momentum, ending the best run the battered metal has seen since April.
Bloomberg reported that gold dipped on Friday against a dollar gathering momentum, ending the best run the battered metal has seen since April.
As quoted in the market report:
Gold for immediate delivery fell 0.6 percent to $1,277.96 an ounce by 10:59 a.m. in London. It reached $1,298.73 yesterday, the highest since June 24, and is up 4.5 percent this week. Bullion for August delivery slipped 0.3 percent to $1,276.40 on the Comex in New York. Futures trading volume was 33 percent below the average for the past 100 days for this time of day, according to data compiled by Bloomberg.
