Wednesday, February 27, 2013

Gold rises slightly, but still below USD1,600/oz



Gold futures rose modestly in the early part of Thursday’s Asian session, but the yellow metal is once again below the psychologically important USD1,600 an ounce area after a nasty tumble in Wednesday’s U.S. session.

On the Comex division of the New York Mercantile Exchange, gold futures for April delivery rose 0.08% to USD1,597 in Asian trading Thursday. The contract settled down 1.25% at USD1,595.30 a troy ounce in U.S. trading on Wednesday. Continue Reading....

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