Gold hov­ers near 9-week low

The Pak Banker - - Front Page -


Gold stead­ied near a nine­week low on Tues­day as in­vestors as­sessed po­ten­tial pol­icy im­pact from the neckand-neck US pres­i­den­tial elec­tion, while a strike in Greece to protest aus­ter­ity cuts also kept sen­ti­ment cau­tious.

Spot gold rose 0.36 per­cent to $1,690.30 by 1127 GMT, but stayed close to Mon­day's nine­week low of $1,672.24. US gold fu­tures for De­cem­ber rose $6.00 to $1,689.20.

Prices slid more than 2 per­cent on Fri­day af­ter stronger than expected US jobs data lifted the dol­lar.

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