16
March
Gold Edges Up In Asia As Equities Stabilize
16 March 2011 Wall Street Journal
Gold and silver both edged up in Asia Wednesday as equity markets stabilized, eliminating the margin-related selling that depressed precious metals Tuesday.
The recovery in equities and a strong performance by industrial metals helped sentiment for gold, but the market was still relatively quiet with concerted dip buying yet to emerge, and selling in Japan still having to be absorbed.
