Posted AT 7:04 AM EDT on 04/07/08
Gold edges lower as U.S. dollar holds gains
LONDON — Gold inched lower in Europe on Friday as the dollar held onto the last session's gains against the euro and as oil prices eased.
Concerns over rising inflation are firmly underpinning the metal, however.
Trading is set to be light on Friday with New York closed for the Independence Day holiday, potentially leading to increased volatility in the market.
Gold eased to $931.00/932.00 (U.S.
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