Gold steady before EU summitGold prices held steady on Tuesday, as investors wait for European leaders to work out a strategy to solve the euro zone debt crisis at a meeting on Wednesday, while resilient physical demand from Asia also lent support. Investors grew con More… |
Gold gains, equities dropGold strengthened further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the precious metal, which posted its the biggest quarterly gain this year, but a firm US dollar could still cap gains. More… |
Europe debt crisis sparks new fearsInternational alarm over Europe's debt crisis reached new heights with US President Barack Obama pressing the bloc's big countries to show leadership as talk of a Greek default escalated and markets heaped pressure on Italy. G More… |
Gold in euros hits record as debt fears growGold priced in euros hit record highs for a second day on Tuesday as fears Europe's debt crisis could spread persisted despite European Union officials' pledges to help heavily indebted euro zone members. The strength of the dollar More… |
Gold firms on Europe debt fearsGold prices turned higher late Friday, moving back to the top of the session range, as some investors returned to the yellow metal as a safe-haven play when the euro fell in response to Moody's downgrade of Ireland's credit rating. "You're More… |
Oil drops towards $69 as risk aversion returnsOil fell towards $69 on Tuesday on growing concern that Europe's debt crisis would derail the global economic recovery, prompting investors to sell riskier assets in a flight to dollar safety. The greenback gained more than 0.6 per cent ag More… |