23
March
Gold Rises After Two-Day Slump, Dollar’s Decline Spurs Buying
23 March 2010 Business Week
Gold rebounded, snapping a two-day decline, as the dollar declined and prices near a one-month low attracted buyers.
Bullion for immediate delivery rose as much as 0.4 percent to $1,106.45 an ounce and traded at $1,104.70 at 9:20 a.m. in Singapore. The metal dipped to $1,092.47 yesterday, the lowest price since Feb. 25. The dollar is little changed today after dropping 0.2 percent yesterday against six major currencies.
