Gold may see resistance at USD 905/oz
April 7th, 2009
US markets were retreating for the first time in five days on doubts about the health of the banking sector. Also, collapse of the IBM-Sun Microsystems deal triggered today’s fall.
At 19.01 hrs (IST)- The US markets opened lower. The Dow Jones Industrial Average was down 67.94 points, or 0.85%, to 7,949.65. The Nasdaq was down 22.55 points, or 1.39%, to 1,599.32 while the S&P 500 was down 9.31 points, or 1.11% to 833.19.