Gold Rises as Euro Zone Debt Concerns Resurface

Precious Metals

Reuters reported that gold prices increased on renewed concerns about the European debt crisis.

Reuters reported that gold prices increased on renewed concerns about the European debt crisis.

The market news is quoted as saying:

Spot gold was up 0.5 percent at $1,773.59 an ounce at 1347 GMT, partially reversing a correction it began late last week after hitting a record $1,813.79 on Thursday.

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