debt problems

Metal markets: gold holds steady on worries about Europe's debt problems

March 16, 2010 - 2:14am | Markets | News
Metal markets: gold holds steady on worries about Europe's debt problems

Tuesday in Singapore, bullion prices remained steady on persistent worries about Europe's debt problems; however some investors were reluctant to take positions ahead of a meeting of the US Federal Reserve, which could squeeze the dollar.

Spot gold, which hit a bid high of $1,110.25 an ounce, was at $1,108.85 by 2:48 GMT, that is up 75 cents from New York's notional close on Monday, when it firmed despite a stronger dollar and as sovereign credit worries ignited


0 points
Did not find what you want? Try to search all ecommerce sites!
Custom Search