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Metals Reports–Gold edges up, heads for 10th quarter rise since 2008

Investing News Network
Mar. 31, 2011 09:59AM PST
Precious Metals Investing

Reuters reports gold inched up again as an early drop spurred cautious bargain hunting before the US February employment data is released.

Reuters reports gold inched up again as an early drop spurred cautious bargain hunting before the US February employment data is released.

The market news is quoted as saying,

“I think sentiment is slightly bullish because there are still many uncertainties around. Even though the euro zone is expected to increase interest rates, it will only be a small increase,” said Ronald Leung, director of Lee Cheong Gold Dealers in Hong Kong.

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