BLBG: Gold Slides in London, Reversing Earlier Gain to 10-Week High
By Stuart Wallace
Oct. 10 (Bloomberg) -- Gold fell for the first day this week in London trading, reversing an advance that pushed it to a 10- week high.
Gold for immediate delivery slid $7.40, or 0.8 percent, to $905.85 an ounce as of 1:07 p.m. local time. The metal rose earlier to $931.95, its highest since July 29.
Futures for December delivery gained $22.30, or 2.5 percent, to $908.90 an ounce on the Comex division of the New York Mercantile Exchange.
To contact the reporter on this story: Stuart Wallace in London at swallace6@bloomberg.net
