11
June
Gold Advances, Paring Weekly Loss, on Demand for Haven Assets
11 June 2010 Bloomberg.com
Gold may gain for the first time in four days in London as lower prices spur buying from some investors on concern that Europe’s fiscal crisis might linger.
Gold slid 1.4 percent yesterday, the most in a week, after reaching a record $1,252.11 an ounce on June 8. Holdings in the world’s biggest bullion-backed exchange-traded fund rose to an all-time high. The euro was little changed against the dollar today.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aauQQj8KrSOY
