Gold May Rise for First Day in Three on Chinese Import Figures (GC in Bloomberg via Business Week)

11 March 2010  Business Week

Business Week

Gold may rise in New York and London for the first time in three days as industrial metals climb on Chinese import figures and the dollar’s rally stalls.

Copper advanced as much as 0.8 percent in London after China said imports of refined metal climbed 10 percent in February from the prior month. The dollar was little changed against the euro after earlier gaining as much as 0.4 percent. Bullion typically moves inversely to the greenback.

http://www.businessweek.com/news/2010-03-10/gold-climbs-for-first-day-in-three-as-china-data-boosts-metals.html