Gold rises as euro struggles

17 June 2010  Reuters

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Gold firmed to near a one-week high on Thursday as the euro struggled to sustain gains and shares slipped on uncertainty over the pace of economic recovery in the United States.

Japanese shares edged down on Thursday after mixed U.S. data underscored an uneven economic recovery, and a euro rally stalled below two-week highs, with most investors on the sidelines ahead of a raft of bond auctions in the euro zone area.

http://www.reuters.com/article/idUSTRE65E5NH20100617?type=ousivMolt