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Friday, April 20, 2012 6:50:48 AM
Gold for June delivery /quotes/zigman/661661 GCM2 +0.20% added $2.70, or 0.2%, to $1,644.10 an ounce on the Comex division of the New York Mercantile Exchange during European trading hours.
The metal is trading down 1% for the week, having broadly missed out on safe-haven flows at the expense of U.S. bonds and the dollar.
A stronger greenback also tends to discourage investment in gold, as it makes the commodity more expensive to holders of other currencies.
http://www.marketwatch.com/story/gold-rises-in-asia-but-still-down-for-week-2012-04-20?siteid=YAHOOB
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