14
March
Gold Up On Nuclear Fears; Platinum Slumps
14 March 2011 Wall Street Journal
Gold was higher in Asia Monday as the ongoing nuclear emergency in Japan fueled safe-haven buying, and economic uncertainty resulting from Friday's earthquake and tsunami. The benchmark Nikkei equity index slumped 6.2% after local media reported an explosion at the No. 3 nuclear reactor building at Tokyo Electric Power Co.'s (9501.TO) Daiichi plant in Fukushima prefecture.