Gold Trades Little Changed After Rebound, Silver Futures Decline by 0.4%
Gold for immediate delivery traded little changed at $1,685.13 an ounce at 10:21 a.m. Melbourne time, while bullion for April delivery in New York was also little changed at $1,685.50 an ounce.
Gold rebounded from a five-week low yesterday amid renewed optimism that Greece will be able to tame its debt crisis and as a report showed increased U.S. hiring. Silver for May delivery fell 0.4 percent to $33.465 an ounce.
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