BLBG: Gold Pares Gains, Trades at $1,338.20 an Ounce; Silver Drops
Gold pared gains in Asian trading after rising as much as 0.4 percent earlier.
Immediate-delivery gold was little changed at $1,338.40 an ounce at 2:33 p.m. in Singapore. The April-delivery contract in New York was also little changed at $1,339.40 an ounce.
Silver for immediate delivery lost 0.3 percent at $28.45 an ounce, reversing an earlier rise of 0.7 percent.
To contact the reporter on this story: Chanyaporn Chanjaroen in Singapore at cchanjaroen@bloomberg.net
To contact the editor responsible for this story: Matthew Oakley at moakley@bloomberg.net
