Gold up

LONDON, March 6: Gold edged higher on short-covering during Wednesday morning trading in Europe, recovering after falling to one month lows overnight on profit-taking in New York and on TOCOM, traders said.

After gold failed on Tuesday to top the $300 an ounce objective on COMEX, US and Asian investors cashed in on their assets, pushing bullion to its lowest point since Feb 5 2001.—Reuters

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