Gold Eases as Greek Debt Worries Dent Euro

- May 26th, 2011

Reuters reported that gold prices fell slightly but are expected to remain steady.

Reuters reported that gold prices fell slightly but are expected to remain steady.

The market news is quoted as saying:

Although the euro fell as Europe’s chances of averting a Greek debt default appeared to dwindle, the subsequent pick-up in the dollar delivered a dent to the gold price, which fell by about half a percent in dollars and by 1 percent in euros.

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