Gold hits 1-week highs, Greece woes eyed

26 April 2010  Reuters

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Gold hit one-week highs in dollar terms on Monday while euro-denominated gold prices reached an all-time high above 867 euros per ounce as Greece's debt woes highlighted bullion's appeal as a safe haven.

Greece's finance minister said on Sunday that aid will arrive in time to avert the euro zone's first sovereign debt default as signs grew that a 45 billion euro ($60.49 billion) rescue would have to be bigger.

http://www.reuters.com/article/idUSTRE63P02520100426