10
May
Gold eases after EU debt containment plan
10 May 2010 Reuters
Gold fell more than half a percent on Monday, trading just above $1,200 an ounce, as investors weighed whether a half a trillion euro plan could safeguard euro zone sovereign debt from default.
European Union finance ministers agreed on Monday on emergency measures worth 500 billion euros ($670 billion) to prevent Greece's debt crisis causing turmoil in other euro zone countries.
