CRISISBOOM

Gold could have already seen it’s low for the year when it dipped to $1,353/oz Friday, before rebounding after the weaker-than-expected U.S. non-farm payrolls data. “With the U.S. economy recovering slower than expected, and worries over (sovereign debt problems in) the euro-zone back on the front line, it seems that we have seen the year low,” says MKS Finance. Spot gold is at $1,371.20/oz, up $1.40 since Friday’s New York close.