Gold May Gain as Europe’s Debt Crisis Spurs Demand, Survey Shows
May. 27, 2011 11:24AM PST
Precious MetalsBloomberg reported that the European debt crisis may cause gold to continue to rise.
Bloomberg reported that the European debt crisis may cause gold to continue to rise.
The market news is quoted as saying:
European policy makers are seeking ways to restore investor confidence on increasing concern that Greece won’t be able to repay its debts after last year’s 110 billion euro ($155 billion) bailout.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1878.35 | +10.18 | |
| Silver | 22.37 | +0.09 | |
| Copper | 4.03 | 0.00 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 76.18 | +2.07 | |
| Heating Oil | 2.87 | +0.10 | |
| Natural Gas | 2.52 | +0.07 | |
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