Gold value gives up early gains
Investing News Network - April 5th, 2010
On Monday, Gold dropped in thin trade as early bargain hunting faded, with investors closely watching movements of the dollar against other currencies ahead of potentially market-moving U.S. data.
On Monday, Gold dropped in thin trade as early bargain hunting faded, with investors closely watching movements of the dollar against other currencies ahead of potentially market-moving U.S. data.
The press release is quoted as saying:
Spot gold XAU= was at $1,123.60 an ounce by 0315 GMT, down 90 cents from New York’s notional close on Friday. It had hit an intraday high of $1,126.70 an ounce on firmer euro — not far from a two-week high $1,127.75 seen on April 1.