9
February
Gold rebounds as dollar drops lower
9 February 2010 MarketWatch
Gold futures gained more than 1% on Monday, as soothed nerves over European debt woes pressured the dollar, lifting gold's appeal as a hedge.
Gold for April delivery rose $13.40, or 1.3%, to finish at $1,066.20 an ounce at the New York Mercantile Exchange. It earlier rose to an intraday high of $1,074.30 an ounce.
