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February 05, 2009 |
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Commodity Online
SINGAPORE : Gold prices were marginally down in early Asian trade Thursday mainly on profit selling by some investors.
Gold for immediate delivery dropped as much as 0.3 percent to $903 an ounce, and traded at $904.62 at 11:00 a.m. in Singapore.
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The world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, said it held a record of 859.49 tones of gold as of Feb. 4, up 6.12 tones from Feb. 2.
Gold for April delivery was up 0.4 percent at $906 in after- hours electronic trading on the Comex division of the New York Mercantile Exchange..
Gold on the Tokyo Commodity Exchange rose 0.9 percent to 2,606 yen a gram
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