25
November
Gold eases as upbeat economic data calms fears
25 November 2010 Reuters
Gold fell on Wednesday after two days of gains, as encouraging U.S. jobless claims data allayed some worries about growth due to fears Ireland's debt crisis could spread to other euro zoneeconomies.
New U.S. claims for unemployment benefits last week dropped to their lowest level in more than two years while consumer spending rose in October, pointing to a moderate strengthening in economic activity.
