The price of gold edged up Wednesday morning after the euro recovered from its early morning losses versus the greenback.
Gold for April delivery was up $4.3 to $1,126.60 an ounce, snapping its two-day downtrend. Yesterday, gold was under pressure after China said it will be more prudent in adding gold to its reserves.
Meanwhile, the greenback was moving higher versus the British pound.
Elsewhere, the prices of silver and platinum were also edging up in morning deals, after having dipped in the previous session.
For comments and feedback: editorial@rttnews.com