13
July
Gold nears $1,200/oz, SPDR Gold holdings up
13 July 2010 Ninemsn
Gold clawed back to near $1,200 per ounce on Tuesday on light physical buying, but further gains were capped by investor caution ahead of the U.S. corporate earnings season and firmness in the dollar.
Holdings by the world's largest gold-backed exchange-traded fund, SPDR Gold Trust , rose for the first time since late June, but the minor volume increase suggested there would be no imminent return by investors, analysts said.
