Gold gained nearly one per cent yesterday as a struggling dollar and firm oil prices prompted investors and speculators to build fresh trading positions.The metal rose to $980.30/$981.00 an ounce by 1408 GMT from $971.00/$971.80 late in New York on Tuesday, when it fell to a low of $964.35 on a dollar rally after global [...]
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Tags: Bouts, Central Banks, Daniel Hynes, Divergent Paths, Downward Pressure, Economic Data, Euro Zone, Financial Markets, Interest Rates, Liquidity, Lows, Merrill Lynch, Metals, Oil Prices, Ounce, Profits, Rally, Sinks, Speculators, Strategist
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