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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold holds near $ 1,710 on global growth concerns

Posted on 30 October 2012

Gold prices held near $ 1,710 an ounce as concerns over the global growth outlook supported demand for the metal as a store of value, but losses in the broader financial markets kept a lid on gains.
Resilience above $ 1,700 an ounce, a level gold repeatedly tested last week, has reassured buyers who had feared a deeper correction after it fell to a more than six-week low at $ 1,698.39 on Oct. 24, analysts said………………………………………..Full Article: Source


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