Gold Rebounds as Decline Spurs Buying, Dollar's Rally Pauses

21 January 2010  Bloomberg.com

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Gold rallied, pacing gains in precious metals including platinum, after its biggest drop in a month lured buyers and the dollar’s rally paused. Palladium reached a 19-month high.

Gold for immediate delivery increased 0.5 percent to $1,116.88 an ounce at 2:44 p.m. in Singapore after gaining as much as 0.6 percent to $1,117.49 an ounce.

http://www.bloomberg.com/apps/news?pid=20601116&sid=auyNrjENgd_c