NY Gold Up On Bargain Hunting As Stocks Rise

26 January 2010  Wall Street Journal

Wall Street Journal

Gold futures rose with equities Monday as traders used a recent price retreat in both markets as a buying opportunity.

Lightly traded but nearby January gold rose $6, or 0.55%, to settle at $1,095.20 an ounce on the Comex division of the New York Mercantile Exchange. April gold, which is now the contract month with the most open positions, climbed $6, or 0.55%, to $1,096.80.

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