6
July
Gold gives up early gains, falling stocks weigh
6 July 2010 Ninemsn
Gold rose slightly on Tuesday after a recent drop in prices spurred buying from jewellers in Asia, but a firmer U.S. dollar and volatile stock markets could prompt speculators to sell bullion to cover losses.
Gold's failure to revisit a recent record could also spur some selling, though dealers expected jewellers to snap up the metal at lower levels. Platinum fell to its weakest since late May on lower equities, while palladium saw bargain buying after recent declines.
