PRECIOUS-Gold tops $1,730/oz as stocks rise, dollar wilts

by alexoscarew | November 23, 2012 at 08:11 am
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Read More: http://newsdoors.blogspot.com/2012/11/precious-gold-tops-1730oz-as-stocks.html

Hopes for Greek debt deal, German data lifts euro, stocks
Prices set to face resistance near $1,740/oz
Silver outperforms gold, set for 3.5 pct weekly rise (Adds trade comment, updates prices)
By Jan Harvey

Gold prices rose above $1,730 an ounce on Friday as positive German economic data and hopes that Greece's creditors are nearing an agreement to tackle its debt lifted the euro to a three-week high versus the dollar and trimmed losses in stocks.

Read More: http://newsdoors.blogspot.com/2012/11/precious-gold-tops-1730oz-as-stocks.html

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