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Gold Extends Rally on Demand for Haven Amid Euopean Debt Woes
Dec. 29, 2010 01:16PM PST
Precious MetalsBloomberg reports that Gold rose for the third straight day in New York as European-debt concerns mounted and the dollar dropped.
Bloomberg reports that Gold rose for the third straight day in New York as European-debt concerns mounted and the dollar dropped.
The market news is quoted as saying:
The dollar fell against a basket of six major currencies before a report due tomorrow that’s expected to show slowing expansion among U.S. businesses.
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| Commodities | |||
|---|---|---|---|
| Gold | 2382.20 | +14.54 | |
| Silver | 28.44 | +0.23 | |
| Copper | 4.43 | +0.07 | |
| Oil | 82.23 | -0.46 | |
| Heating Oil | 2.55 | -0.04 | |
| Natural Gas | 1.75 | +0.03 | |
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