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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold jumps above $1,700

Posted on 26 October 2011

Gold topped $1,700 per troy ounce Tuesday as equities sank with reports that a major policy announcement in Europe would be delayed.

European Union finance ministers canceled a meeting that was to include all 27 finance leaders from EU nations. The cancellation means heads of state gathering for Wednesday’s summit will be empty-handed when it comes to a detailed program for recapitalizing Europe’s banks and restructuring Greek debt………………………………………..Full Article: Source


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