31
May
Gold rises 3% in May; other metals notch steep monthly declines (GC in MarketWatch)
31 May 2010 MarketWatch

Gold eked out modest gains Friday, adding to its monthly advance, after a debt ratings downgrade for Spain provided bullion with a last-minute boost.
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"The Spanish downgrade has seen the euro fall again and will do nothing to ease sovereign debt and euro currency concerns," analysts at Goldcore said in a report.