Gold Slips to 1-Week Low on Euro Debt Contagion Fear

Reuters reported that Euro zone debt fears caused gold to fall to its lowest in a week.

As quoted in the market news:

Spot gold edged down 1.32 percent to $1,739.59 an ounce by 1457 GMT, from $1,762.29 late in New York on Wednesday.

Click here to read the full Reuters report.