Gold sheds early gains
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Post by Anne B, Gold Researcher
Post by Anne B, Gold Researcher
On Friday, Gold edged down as early bargain hunting subsided and investors turned to currencies for direction.
The press release is quoted as saying:
Spot gold, which hit an intraday high of $1,126.40 an ounce, was at $1,122.95 by 0614 GMT (2:14 a.m. ET), down $2.50 from New York’s notional close. Bullion, about 1.8 percent below a 6- week high near $1,150 seen in early March, was heading for its best weekly gain in four weeks.
Click here to access the entire press release
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