Gold extends gains on euro woes, tensions in Korea

20 December 2010  Reuters

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Gold rose more than half a percent on Monday with investors chasing the precious metal as the euro weakened against the dollar on concerns over euro zone debt and Ireland's bailout package.

Tensions on the Korean peninsula following Seoul's plan to go ahead with live firing drills from a disputed island near the disputed northern border offered additional support.

http://www.reuters.com/article/idUSL3E6NK02J20101220