4
May
PRECIOUS-Gold dips as dollar firms but haven buying persists
4 May 2010 Reuters
Gold eased in Europe on Tuesday as the dollar strengthened against a basket of currencies .DXY, but remained supported near $1,180 an ounce as persistent fears over euro zone debt prompted buying of the metal as a haven.
Spot gold XAU= was bid at $1,178.15 an ounce at 0758 GMT, against $1,181.40 late in New York on Monday. U.S. gold futures for June delivery GCM0 on the COMEX division of the New York Mercantile Exchange eased $4.30 to $1,179.00 an ounce.
http://in.reuters.com/article/domesticNews/idINLDE6430KC20100504
