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Gold Gains for Third Straight Day as Europe Debt Crisis Buoys Haven Demand
May. 24, 2011 07:50AM PST
Precious Metals InvestingBloomberg reports gold gained for a third day in New York as deepening concern over Europe’s sovereign debt crisis spurred demand for the metal as a protection of wealth.
Bloomberg reports gold gained for a third day in New York as deepening concern over Europe’s sovereign debt crisis spurred demand for the metal as a protection of wealth.
The market news is quoted as saying,
Silver for July delivery rose 2.2 percent to $35.665 an ounce in New York. Palladium for June delivery was little changed at $731.95 an ounce. Platinum for July delivery gained 0.3 percent to $1,760.80 an ounce.