PRECIOUS-Gold in euros hits record as debt crisis spreads| Reuters

PRECIOUS-Gold in euros hits record as debt crisis spreads| Reuters

By soccerman on from www.reuters.com


LONDON, July 12 (Reuters) - Gold priced in
euros hit record highs for a second day on Tuesday after European Union
officials' pledges on handling the region's debt problems did not quell
investor fears about the spread of the crisis to other euro zone members.


The strength of the dollar pushed down the price of gold in the U.S. currency, while bullion priced in sterling, Australian dollars, rand and other high-yielding currencies rallied.

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