Gold hovers as investors weigh QE as home sales fall

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\AFP
Gold fluctuated between gains and losses, following an advanced to the highest figure since June, while investors weighed the prospects for QE measures in the U.S., with a decline in new-home sales. Bullion for immediate settlement jumped 0.7% to $1,407.18 per ounce, the highest level since June 7, head of falling 0.5%. The December gold contract rallied 0.8% to $1,407.
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