Gold Hits New High in Euros and Francs
Bloomberg reported that the price of gold has set a record in euros and Swiss francs as concerns mount on central banks' moves to bolster the economy will in fact devalue the currencies.
Bloomberg reported that the price of gold has set a record in euros and Swiss francs as concerns mount on central banks' moves to bolster the economy will in fact devalue the currencies.
CNBC reported that gold is now steady after sliding to just below $1,620. Its drop was the result of a weakened euro and caution due to the upcoming European Central Bank meeting.
Reuters reported that gold prices rose over $1600 while the still-weak euro extended a slight rally.
CNBC News reported that gold prices pared last week's increases, responding to a drop in the euro.
CNBC News reported that a slight rise in the euro also caused gold prices to increase.
Mineweb reported that the price of gold increased but did not recapture the $1600 mark.
CNBC News reported that gold prices dropped as investors reacted to European election results and a falling euro.
IBTimes reported that gold prices remained steady following a drop in the euro.
Mineweb reported that gold prices may not always follow changes in the euro.
Reuters reported that increases in the Euro also supported another increase in gold prices.
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