12
January
Gold rises, euro debt crisis, physicals help
12 January 2011 Reuters
Bullion edged up in thin
trade on Wednesday, with sentiment supported by high oil
prices, lingering worries about the severity of the European
debt crisis and a shortage of gold bars in Asia.
European finance ministers will discuss increasing the
effective lending capacity of their financial rescue fund next
week, EU sources said on Tuesday, as Portugal defied pressure
to seek a bailout.
