29
June
Gold May Advance After Biggest Drop in Week as Woes Spur Flight to Safety
29 June 2010 Bloomberg.com
Gold fell for a second day as some investors sold the metal to lock in gains from its rally to near a record.
Bullion dropped 1.3 percent yesterday after earlier trading within 0.2 percent of an all-time high. European equities declined today amid concern China’s economy is growing at a slower pace than estimated. Reports today may show worsening sentiment in Europe and the U.S.
