16
March
Gold gets lift as debt risks resurface (GC in Marketwatch)
16 March 2010 MarketWatch
Gold futures rose on Monday after Moody's Investors Service said risks are growing for the ratings of the four largest AAA-rated economies -- the United States, the United Kingdom, Germany and France -- leading investors to seek shelter in gold.
"Sovereign-debt issues and currency risk remain prevalent and look set to keep gold buoyant for the foreseeable future," analysts at GoldCore wrote in a note. "Indeed, gold is increasingly being seen as a safe-haven currency."
http://www.marketwatch.com/story/gold-gets-lift-as-debt-risks-resurface-2010-03-15
