Home Page : Archive News : January 2011 News : Gold Hits 10-Week Low; Strong Physical Demand Supports

Gold Hits 10-Week Low; Strong Physical Demand Supports

January 25, 2011

Spot gold hit a ten-week low on Tuesday, as support from safe-haven demand diminishes on strong economic data out of Europe, but strong physical buying and tight supply in Asia are expected to provide a floor for prices. 

Source: http://www.cnbc.com/id/41241175?__source=RSS*tag*&par=RSS
 
Related Updates