Created on Saturday, 06 April 2013
Written by Business Recorder
Gold fell for a fourth day on Friday, holding near its lowest point since May last year, as investors await US jobs data for more clues on the health of the world's largest economy. Gold had eased $2.90 an ounce to $1,549.81 by 0635 GMT, heading for a second week of decline.
Copyright Reuters, 2013
It fell to a 10-month low at 1,539.74 on Thursday as it failed to react to the shock of the Bank of Japan's unprecedented monetary stimulus and hopes for another European Central Bank rate cut. US gold for June delivery was at $1,549.80 an ounce, down $2.60.