11
February
Gold edges up on steadier euro; awaits EU summit
11 February 2010 MSN
Gold gained on Thursday after the euro bounced against the U.S. dollar ahead of a European Union summit that may decide to help debt-laden Greece avoid default and eventually restore confidence in the single currency.
Gold has dropped around 12 percent since striking a record at $1,226.10 in December as the dollar gained on mounting fiscal worries in the euro zone, and recently on U.S. Federal Reserve Chairman Ben Bernanke's comments about a stimulus pullback.
