Gold edges up in Asia

12 Nov, 2010

Gold prices edged up on physical demand and a pause in a dollar rally as investors closely watched for currency signals from the Group of 20 leadership summit that began on Thursday in Seoul. Spot gold gained 0.3 percent to $1,407.34 an ounce by 0613 GMT, off the all-time high of $1,424.10 hit on Tuesday. Spot silver rose 1.1 percent to $27.51 an ounce.
US silver futures gained 2.3 percent to $27.49 after sharp falls in the previous session.

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