Gold climbs as risk aversion persists

- May 24th, 2010

On Monday, Gold rose more than 1 percent in Europe, recovering some of last week’s losses, as lower prices tempted buyers back to the market amid lingering concerns over the fiscal health of the euro zone.

On Monday, Gold rose more than 1 percent in Europe, recovering some of last week’s losses, as lower prices tempted buyers back to the market amid lingering concerns over the fiscal health of the euro zone.

The press release is quoted as saying:

Spot gold was bid at $1,191.05 an ounce at 1529 GMT, against $1,175.15 late in New York on Friday. U.S. gold futures for June delivery on the COMEX division of the New York Mercantile Exchange rose $11.60 to $1,187.30 an ounce.

Click here to access the entire press release

Get the latest Gold Investing stock information

Get the latest information about companies associated with Gold Investing Delivered directly to your inbox.

Gold Investing

Select None
Select All

Tags

Tags:

Leave a Reply