Comex Gold Boosted By Greek Uncertainty

19 March 2010  Wall Street Journal

Wall Street Journal

Gold futures shruged off a muscular dollar Thursday and rose anyway as investors showed a preference to hold the metal rather than the major currencies as uncertainty continues to swirl around Greece's debt situation.

Lightly traded but nearby March gold rose $3.40, or 0.3%, to settle at $1,127.40 an ounce on the Comex division of the New York Mercantile Exchange. Most-active April climbed $3.30, or 0.29%, to $1,127.50.

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