Gold meanders around $1,750, with eyes on Europe

Posted by Forexsq 1094 days ago (
img Gold prices struggled to hold their ground above the $1,750-an-ounce level Monday as the U.S. dollar strengthened amid caution over developments in Europe.

The yellow metal’s December futures slipped $3, or 0.2%, to $1,748.40, but were restricted to a narrow $5 dollar range in electronic trading.

On Friday, they soared $23.20 to settle at $1,751.40, their highest level since Oct. 17.

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