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    Gold steadies off record high, eyes U.S. data

    Investing News Network
    Oct. 08, 2010 02:56PM PST
    Gold Investing

    On Friday, Gold steadied, consolidating after the previous day’s volatile trading saw it hit record highs before staging its biggest daily loss in two months, as investors took to the sidelines ahead of key U.S. payrolls data.

    On Friday, Gold steadied, consolidating after the previous day’s volatile trading saw it hit record highs before staging its biggest daily loss in two months, as investors took to the sidelines ahead of key U.S. payrolls data.

    The press release is quoted as saying:

    Spot gold was bid at $1,332.25 an ounce at 0924 GMT (5:24 a.m. EDT), against $1,332.65 late in New York on Thursday. U.S. gold futures for December delivery fell $1.90 to $1,333.10.

    Click here to access the entire press release

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