economic uncertainties

Metal markets: gold steadies near tops encouraged by US economic uncertainties

September 23, 2010 - 1:57am | Markets | News
Metal markets: gold steadies near tops encouraged by US economic uncertainties

Thursday in Singapore, bullion flat after touching record highs for the fifth consecutive session. At the same time, silver hit a 2-½ year peak. Both metals safe-haven appeal were boosted by economic uncertainties.


Spot gold was trading at $1,292.80 an ounce by 3:22 GMT, below the fresh all-time high of $1,296.1.


At the same time, silver reached a 2-½ year high of $21.21 earlier in the day, before easing slightly to $21.18.


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