Morning gold market update for Tuesday, March 26th. After news of a possible deal between Cyprus and the EU, gold lost some of its safe-haven appeal but remains in the $1600 range. Comments from NY Fed President Dudley supporting gold in a day of relatively light trading. The close Bernanke ally feels continued weakness in the labor market will require Fed stimulus. Read more…
PRECIOUS – Gold perches above $1600/oz, euro zone worries support
March 26, 2013 by