London, 06 July 2010 - Spot gold felt to its cheapest in more than six weeks on Tuesday, pressured by profit-taking and technical sales amid a relief rally on stock markets that encouraged investors to divest the safe-haven asset.
Read more...- Base metals pared gains over Monday's afternoon session with volumes pared back and direction that had dissipated as the US Independence Day holiday drained the market of liquidity, with only a slowly advancing dollar dragging slightly on the complex.
Read more...- Metals wound their way back from mid-morning summits and adopted a wait-and-see approach on Thursday as the afternoon's big US jobs figure draws near, while markets in general braced for a poor result that would push prices lower on the whole and damage sentiment into next week.
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