10
March
Gold steadies on slight rebound in euro
10 March 2010 Reuters
Gold jumped on Wednesday after a drop to a two-week low in the previous session ignited bargain hunting, while gains in platinum and palladium prices offered additional support.
Strong trade data from China helped boost gold price to a high of around $1,126 an ounce, and buying by Japanese speculators on Tokyo platinum futures spilled in to the cash market, driven by hopes of steady demand for autocatalysts.
