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September

Gold May Decline After Gain to Highest Level in Two Months Prompts Selling

1 September 2010  Bloomberg.com

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 Gold, little changed, may decline as a rally to a two-month high prompts some investors to sell.

Gold for immediate delivery traded at $1,246.30 an ounce at 11:42 a.m. Tokyo time after climbing as high as $1,250.03 yesterday, the highest price since June 28. December-delivery futures dropped 0.2 percent to $1,248 an ounce on the Comex in New York.

http://www.bloomberg.com/news/2010-09-01/gold-may-drop-as-climb-to-highest-in-two-months-prompts-investors-to-sell.html