Bloomberg News

Gold for Immediate Delivery Rebounds, Advancing 0.2% to $1,775.03 an Ounce

February 26, 2012

Spot gold advanced 0.2 percent to $1,775.03 an ounce at 10:12 a.m. Melbourne time, while bullion for April delivery in New York was little changed at $1,776.30 an ounce.

Silver for immediate delivery rose 0.3 percent to $35.4875 an ounce, while the metal for May delivery gained 0.4 percent to $35.57 an ounce.

To contact the reporter on this story: Phoebe Sedgman in Melbourne at psedgman2@bloomberg.net

To contact the editor responsible for this story: Ovais Subhani at osubhani@bloomberg.net


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