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Urgent: Gold rebounds on weak U.S. data, dollar

Xinhua, April 2, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rebounded on Wednesday as the U.S. dollar dipped after soft U.S. economic data pointed to weakness in the economy.

The most active gold contract for June delivery rose 25 U.S. dollars, or 2.11 percent, to settle at 1,208.20 dollars per ounce. Endite