Gold futures poised to log a second day of gains

11 December 2009  MarketWatch

Market Watch logo

Gold futures headed higher in electronic trading Friday afternoon in Asia, extending the gains seen in New York as traders reassessed the recent four-session price drop of nearly $100 an ounce.

Gold for December delivery was up $9 at $1,134.70 an ounce in Asian afternoon trading on Globex. The contract had gained $5.30, or 0.5%, to end at $1,125.70 an ounce Thursday on the Comex division of the New York Mercantile Exchange.

http://www.marketwatch.com/story/gold-futures-poised-to-log-a-second-day-of-gains-2009-12-10