Gold steadies as signs of risk appetite reemerge

- September 9th, 2010

On Thursday, Gold edged up for a fourth day, having backed off Wednesday’s peaks as equity markets and the euro rose, encouraging investors to delve back into riskier assets.

On Thursday, Gold edged up for a fourth day, having backed off Wednesday’s peaks as equity markets and the euro rose, encouraging investors to delve back into riskier assets.

The press release is quoted as saying:

Spot gold was last at $1,255.30 an ounce at 1050 GMT (6:50 a.m. EDT), compared with $1,254.50 late in New York on Wednesday. Prices hit an intraday high of $1,262.25 the day before, just shy of late June’s all-time high at $1,264.90.

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