AUSTRALIA: Spot gold starts the week at A$1375 an ounce
Sydney-Australia (May 12) In the local currency based on AUD / USD 0.936, gold is fetching around A$1375 an ounce.
Gold in the spot market has opened the week slightly weaker at US$1289 an ounce.
In the local currency based on AUD / USD 0.936, gold is fetching around A$1375 an ounce.
On Friday in the futures market, the yellow metals was little changed at USUS$1,287.60 an ounce on Comex.
Last week gold lost 1.2%, for its first weekly loss on three.