20
October
Gold steady after sharp fall, bargain-hunting seen
20 October 2010 Reuters
Gold edged higher on Wednesday, recovering from a 2.5 percent fall the previous day as the market reassessed a surprise rate hike by China.
China's central bank raised rates for the first time in nearly three years, a move that could mark the start of a more aggressive phase of monetary tightening in the world's fastest-growing major economy.
