18
September
Gold steady, halts retreat from 18-month high
18 September 2009 Reuters
Gold held near $1,010 an ounce in Europe on Friday as the dollar's recovery from one-year lows versus the euro took the steam out of its sharp run higher.
Prices are being supported by strong buying on dips, however, as investors continued to bet on a break of the metal's all-time high at $1,030.80 an ounce, set in March last year.
Spot gold to $1,012.90 an ounce at 1115 GMT against $1,011.45 late in New York on Thursday. U.S. gold futures for December delivery on the COMEX division of the New York Mercantile Exchange firmed $1.40 to $1,014.90 an ounce.
http://www.reuters.com/article/hotStocksNews/idUSTRE58F66I20090918
