Tuesday, July 13, 2010

Gold Rises Above $1210/oz, Bullion Eagles Increase

by Bullion Prices Staff on July 13, 2010

New York gold prices rebounded to above $1,210 an ounce on Tuesday as, among other factors, renewed fears of euro zone debt woes sparked safe-haven buying. "Fresh safe-haven buying support from reports overnight that Moody’s downgraded Portugal’s sovereign debt rating boosted gold Tuesday," noted Jim Wyckoff of Kitco News. "Higher crude oil prices and a […]