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Gold Rises with Equities on Optimism over EU Summit
Oct. 21, 2011 03:43PM PST
Precious Metals Investing
Reuters reported that renewed optimism about European debt boosted gold prices slightly.
Reuters reported that renewed optimism about European debt boosted gold prices slightly.
As quoted in the market news:
Spot gold was up 1.2 percent at $1,637.39 an ounce by 3:13 p.m. EDT. U.S. gold futures for December delivery settled up $23.20 at $1,636.10 an ounce. Volume for Friday’s rally was about half of its 30-day average, consistent with the quiet trading pace of the past two weeks.
