Gold Advances on Renewed Concern About Euro-Zone Debts

Precious Metals

Bloomberg reported that gold prices went up due to concerns about the European debt crisis and inflation pressure.

Bloomberg reported that gold prices went up due to concerns about the European debt crisis and inflation pressure.

The market news is quoted as saying:

Gold gained to $1,431.50 an ounce in the morning “fixing” in London, used by some mining companies to sell output, from $1,426.25 at yesterday’s afternoon fixing.

To read the full market news, click here.

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