Gold swung between gains and losses after dropping to the lowest in 34 months last week as investors weighed prospects for growth against stimulus, while holdings in the largest bullion-backed exchange-traded product held steady.
Spot bullion, which rose and fell at least 0.7 percent, traded at $1,236.38 an ounce at 9:47 a.m. in Singapore from $1,234.57 on June 28, when prices sank to $1,180.50, the lowest since August 2010. The 14-day relative strength index was below 30 from June 20 to June 28, signaling to some investors who study charts that a rebound may be imminent........................................Full Article: Source
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