International Business Times
  • Rate this Story
  • 0
  • 0

June 9, 2012 4:05 AM EST

Gold rebounded Friday after tumbling earlier, as pre-weekend short-covering and news of a possible bailout on troubled Spanish banks boosted bullion buying.

Reuters
Gold Rebounds, Nears $1,590 On Short-covering, Spain

Spot gold was up 61 cents at $1,589.76 an ounce by 1:17 p.m. EDT (1717 GMT).

(Photo: Reuters / )
Gold Rebounds, Nears $1,590 On Short-covering, Spain
  • Rate this Story
  • 0
  • 0
Copyright 2012 Thomson Reuters. All rights reserved.

Discuss this Story

Add comments as guest or Sign in to follow comments
*Name
International Business Times Secutiry Check
Security Code
E-Newsletters

We value your privacy. Your email address will not be shared.