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RR1:AU
Rights Issue and Shortfall
On Monday, Gold rose as the euro strengthened versus the dollar. This happened after euro zone finance ministers agreed on a rescue package for Greece, though the currency’s retreat from earlier highs prompted some profit-taking.
On Monday, Gold rose as the euro strengthened versus the dollar. This happened after euro zone finance ministers agreed on a rescue package for Greece, though the currency’s retreat from earlier highs prompted some profit-taking.
The press release is quoted as saying:
Spot gold was bid at $1,163.65 an ounce at 11:32 a.m. EDT (1532 GMT), against $1,159.00 late in New York on Friday. U.S. gold futures for June delivery on the COMEX division of the New York Mercantile Exchange rose $2.80 to $1,164.70 an ounce.
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| Commodities | |||
|---|---|---|---|
| Gold | 2355.04 | -8.67 | |
| Silver | 28.47 | +0.34 | |
| Copper | 4.32 | +0.06 | |
| Oil | 84.77 | -0.89 | |
| Heating Oil | 2.67 | -0.02 | |
| Natural Gas | 1.76 | -0.01 | |
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