Gold News

Gold climbed in New York, before paring gains, on speculation that wider Greek budget deficits will spur demand for the metal as an alternative to holding currencies.

Gold continues its advance as investors seek alternatives

Gold climbed in New York, before paring gains, on speculation that wider Greek budget deficits will spur demand for the metal as an alternative to holding currencies. Gold priced in euros reached a record today as European Union finance ministers failed to agree on measures to help Greece reduce its budget deficit. Billionaire investor George Soros more than doubled his stake in the world

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