Gold rises nearly 2 pct on revived euro zone debt fears

14 July 2010  Reuters

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* Gold XAU= bid at $1,214.95 an ounce at 1515 GMT against

$1,194.85 late in New York on Monday.

 * Bullion rises nearly 2 percent to a high of $1,217.60 an

ounce after a ratings agency downgrade of Portugal boosts the

metal's appeal as a haven from risk and a hedge against currency

market volatility.

 * Silver XAG= bid at $18.30 an ounce against $17.86.

 * Platinum XPT= bid at $1,524 an ounce versus $1,512.

 * Palladium XPD= bid at $460.63 an ounce against $452.

http://af.reuters.com/article/metalsNews/idAFLDE62824V20100713