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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