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Gold analysts turn bullish as price regains 40pct of June slump

Posted on 03 July 2013

The price of gold rose in Asia and jumped at the start of London trade Tuesday, hitting $1,267 per ounce to recover 40% of last month’s crash before easing back. Prices for silver bullion also rose, but lagged gold’s rate of gain, before slipping back below last week’s finish at $19.69 per ounce.
European stock markets meantime fell, as did the Euro – down 0.5¢ against the Dollar – after Eurozone and IMF officials said Greece has just three days to prove its commitment to fresh budget cuts……………………………….Full Article: Source


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