Gold prices recover as U.S. dollar weakens
Wednesday, July 28th, 2010NEW YORK (MarketWatch) — Gold on Wednesday recouped a quarter of the prior day’s steep losses as a weaker U.S. dollar increased the metal’s allure for holders of other currencies. The gold contract for August delivery gained $5.10 to $1,163.10 an ounce in electronic trade on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they …