Mon, 13 Aug 2012 13:09:25 GMT
Gold inched up on easing speculation
Precious metals except for gold retreated on Friday despite speculation that the ECB and POBC are preparing to ease their monetary policies after weak economic data. China's exports slowed last month while Eurozone's growth outlook for 2013 was cut by the ECB.
Gold was the only gainer on global monetary stimulus hopes. However, stronger US Dollar and weak physical demand prospects