| Gold may decline as investors seeking a protection of wealth during Europe’s sovereign-debt crisis turn to the dollar, curbing demand for the precious metal. Palladium dropped to a seven-week low.
Bullion for immediate delivery was little changed at $1,694.18 an ounce at 11:57 a.m. in Singapore, on course for a second weekly decline. February-delivery futures were also little changed at $1,697.90 on the Comex in New York, where floor trading was closed yesterday for the Thanksgiving holiday.............................................Full Article: Source
|