Tuesday, February 7, 2012

Gold Prices Rebound 1.4%, Bullion Coin Sales Solid

by Bullion Prices Staff on February 7, 2012

A weaker U.S. dollar and bargain-hunting were cited reasons for gains in gold prices Tuesday. After two straight session losses, April gold futures rebounded $23.50, or 1.4% to $1,748.40 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded between $1,712.60 an ounce and $1,752.60 an ounce.