Gold Prices Increase on Euro Bailout Information

Precious Metals

Reuters reported that gold prices were up 1% as investors doubted the success of bailout deals.

Reuters reported that gold prices were up 1% as investors doubted the success of bailout deals.

As quoted in the market news:

Spot gold rose 1.2 percent on the day to $1,755.19 an ounce by 11:30 a.m. EST (1630 GMT), having earlier hit a high of $1,756.41, the loftiest price since February 3.

Click here to read the full Reuters report.

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