The Dollar-price to buy gold in the wholesale spot-market bounced from a 0.7% dip early Thursday, holding above $935 after gaining $30 an ounce so far this week. People looking to sell gold at this moment could be onto a profitable winner

European stock markets faltered after rising once again, adding 0.5% on average by late afternoon.

Both the Euro and British Pound ticked back from new 2-week highs, holding the Gold Price in Sterling at £570 an ounce.

French, German and Italian investors looking to Buy Gold today saw the price drift back to 663 - some 10 per ounce above this time last Thursday.

“Price action is currently gaining strength, but we will not see fresh buying come into the market until Gold can close above $943,” says today’s technical note from London market-makers Scotia Mocatta.

A fellow London dealer also points to that Dollar-price as “a major resistance level back in June.”

Crude oil meantime slipped half-a-dollar to $61 per barrel. Government bonds ticked higher from Wednesday’s sharp sell-off, pushing the 10-year US Treasury yield down to 3.77%.

US stock-market futures pointed higher again, after former investment-bank J.P.Morgan followed Goldman Sachs’ forecast-beating report with record quarterly earnings up 36% from April-to-June last year.

Today’s TIC report of investment flows into US securities showed foreign investors buying $17 billion of American equities in May, while central banks sold $22bn of Washington’s government bonds.