Friday, 10 July 2015

Gold recovers 4 month low, but eyes third weekly drop


Gold held above a four-month low on Friday, spurred by a firmer euro on signs of progress in debt-hit Greece's efforts to secure fresh funding. But bullion is still down so far for the week, its third in a row, amid weak physical demand in top consumers China and India. Prices have been trapped in a tight range with global uncertainties from Greece to China failing to spark safe-haven bids.

No comments:

Post a Comment