Gold edges up as economy woes persist

- June 28th, 2010

On Monday, Gold firmed in early European trade, trading within striking distance of a record high achieved last week on the back of persistent worries about the strength of global economic recovery.

On Monday, Gold firmed in early European trade, trading within striking distance of a record high achieved last week on the back of persistent worries about the strength of global economic recovery.

The press release is quoted as saying:

Gold could rise further to surpass the June 21 record at $1,264.90 per ounce to touch $1,270, as bullish momentum is strong.

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