29
November
Gold slips as dollar firms, euro debt worries stay
29 November 2010 Reuters
Gold eased below $1,360 an ounce in Europe on Monday, surrendering earlier gains, as the dollar hit a fresh two-month high versus the euro amid concerns over debt levels in some parts of the euro zone.
Portugal is the next country that may struggle with its sovereign debt levels, investors fear, after both Greece and Ireland were forced to seek bailouts from the European Union earlier this year.
