Gold eases in Asia

21 Jun, 2014

Gold eased on Friday on profit taking after posting its biggest one-day rise in nine months, but the safe-haven metal was trading near April highs and set for its best week in three months on geopolitical tensions and a softer dollar. Spot gold fell 0.6 percent to $1,311.30 an ounce by 0649 GMT, after jumping 3.3 percent in the previous session, when it hit mid-April highs of $1,321.70. The metal has gained about 3 percent for the week.

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