5
July
Gold ticks up on firm stocks, euro; ETF slips
5 July 2010 Reuters
Gold ticked up on Monday after a drop in the U.S. dollar spurred bargain hunting, with firmer stock markets spurring investors to shrug off a slight decline in ETF holdings.
Jewellers were on the sidelines after buying heavily on Friday, when bullion fell to a five-week low. With U.S. investors away for a holiday, the metal was likely to trade in a tight range of $1,210 to $1,215 an ounce.
http://af.reuters.com/article/investingNews/idAFJOE66400U20100705
