Tuesday 10 January 2012

Gold edges up; euro zone concerns remain | HALALTAMWEEL.COM

Gold edges up; euro zone concerns remain

1/10/2012 3:32:32 PM


SINGAPORE: Gold prices edged higher on Tuesday after two straight sessions of losses, supported by a steady euro ahead of key bond auctions in the euro zone this week while sentiment remained fickle over the region's fiscal prospects.


Spot gold has been moving in a tight range of less than $20 above $1,600 for three days after the new year euphoria quickly faded and worries about the euro zone debt crisis resurfaced.

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