4
April
Gold inches up on firm euro, high oil prices
4 April 2011 Reuters
Spot gold edged up on Monday, as higher oil prices amid the ongoing Middle East crisis and a firm euro on expectations of a European Central Bank rate hike lent support.
Upbeat U.S. employment data last Friday, indicating that the global economy was likely on a firm footing, shaved some luster off gold's demand, but the ongoing Middle East crisis continued to support the precious metal's safe-haven appeal.
http://www.reuters.com/article/2011/04/04/us-markets-precious-idUSTRE72C3Z120110404
