Gold rebounded 1% in Europe on Friday (02 July 2010) as physical buyers in particular took advantage of the previous day's price fall to buy into the market.
Spot gold was bid at $1211.40 per ounce. US gold futures for August delivery added $5.50 to $1212.20 per ounce. Silver was at $18.03 per ounce versus $17.75, platinum was at $1509.50 versus $1501 while palladium was at $430 versus $430.50.