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Gold slips towards $3,300 after stalling earlier around $3,320
As covered here earlier today, gold rose above $3,300 and subsequently hit a session high at $3,320.57 just as the European equity markets reopened. well, since then it has tried a few times to better that high but stalled each time. That stalling in the upside momentum has helped to send the price back down towards $3,300 just now. The slight downside shunt comes as the US equity futures bounce from earlier lows. The low seen on Gold a moment ago was set around $3,302. It is trading right now at $3,302.70
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