| 31.05.2010 - May commodities: Gold up, oil weak |
| From Ibtimes.com: Gold rose in late trading on Friday after the Fitch cut of Spain's debt ratings forced gold investors to cover short positions before the holiday long weekend. Spot gold firmed to $US1213.85 an ounce in late New York trade, from $US1211.10 on Thursday. Comex August gold futures in New York finished with a 60 cent gain on the day at $US1215.0 an ounce...........................................Full Article: Source |