Jul. 6, 2009 (Action Economics) --
Gold Action: Gold traded on a softer footing, with short term accounts responding to a firmer dollar tone. After starting the European session above $931.00 it made gradual downward progress to trade in to $920.50. Market insiders expect further heaviness ahead, with limited end user demand and investors also reducing their appetite for gold. The SPDR Trust remained unchanged at 1,120.55, but there is some small lot selling at current levels as investors do not expect spot gold to top $1000.00.
