Gold rises nearly 2 pct on revived euro zone debt fears

Tue Jul 13, 2010 3:57pm GMT
 

 * Gold XAU= bid at $1,214.95 an ounce at 1515 GMT against
$1,194.85 late in New York on Monday.
 * Bullion rises nearly 2 percent to a high of $1,217.60 an
ounce after a ratings agency downgrade of Portugal boosts the
metal's appeal as a haven from risk and a hedge against currency
market volatility.
 * Silver XAG= bid at $18.30 an ounce against $17.86.
 * Platinum XPT= bid at $1,524 an ounce versus $1,512.
 * Palladium XPD= bid at $460.63 an ounce against $452.
 
For related news and prices, click on the codes in brackets:
Spot gold/silver  XAU= XAG=  Platinum/palladium XPT=XPD=
Gold lease rates         LGLR  Comex gold futures      <0#GC:>
Europe/Asia prices   <GOLD/EU1>  <GOLD/EU2>  <GOLD/ASIA1>
CBOT 100 oz gold futures <0#ZG:>
RELATED NEWS AND OTHER TOPICS
Precious metals news      [GOL]  All metals news           [MTL]
Metals summary     [GLANCE/MTL]  Index of summaries    [GLANCE/]
All commodities news        [C]  Metals diary        [MTL/DIARY]
Ldn Bullion Mkt Assoc  LBMA01 Foreign exchange rates   FX=S
SPEED GUIDES
COMMODS PRECIOUS1 <PRECIOUS/FUT1> <PRECIOUS/CASH1>
<PRECIOUS/SWAP1> <PRECIOUS/VOL1> REUTERS

Market Update

  • Africa
  • US
  • Europe
  • Asia
  • CAC40
UK £ USD =1.5773
Euro USD =1.2741
Rand USD =0.1209