Comment on FOCUS: Gold Weaker As Investors Seek Cash As Safe Haven

FOCUS: Gold Weaker As Investors Seek Cash As Safe Haven

(Kitco News) - Gold prices are weaker despite more bad news out of Europe, as the U.S. dollar rises and investors are seeking cash as their main safe haven. Yields on government bond debt for nearly all European countries, except German bunds, are rising, as investors sell over fears of eurozone sovereign debt contagion.

 

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