Gold market update for March 28th. Gold holding around $1600 on Thursday on concerns about the Cyprus rescue deal and the possibility a similar blueprint will be used for beleaguered nations in the Eurozone. These concerns are prompting renewed interest in gold on safe-haven appeal. Also, technical charts and analysts show a possible slide of a floor of $1550. In the U.S., investors are awaiting the latest jobless claims numbers. Read more….
PRECIOUS – Gold holds above $1600 as Cyprus fallout supports
March 28, 2013