Friday, February 24, 2012

Gold steady as Spain auction, ECB meeting loom

Gold bars are displayed at the headquarters of Mitsubishi Materials Corporation in TokyoSINGAPORE (Reuters) - Gold prices edged higher on Thursday on concerns about the euro zone debt crisis ahead of Spain's bond auction and an European Central Bank meeting, as robust buying from China and India also supported sentiment. Bullion built on gains from the previous two sessions, even as the euro wallowed near a 16-month low hit on Wednesday, after Fitch warned the European Central Bank to ramp up asset purchases to avoid the euro's demise. ...


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