Summary Box: Gold benefits from risk aversion; Platinum, palladium hurt by Greek debt worries

By AP
Friday, May 7, 2010

Summary Box: Tentative traders look to gold again

GOLD RUSH: Gold continues to benefit from a flight to safety amid turbulence in stocks. The metal has risen for three straight days as stock markets swooned around the world.

OIL LEAK: Oil prices fell again. High-risk assets have been hammered as investors remained concerned that Greek debt problems will spread across Europe and upend a global economic recovery.

PLATINUM, PALLADIUM PULL BACK: Platinum and palladium were again hurt by worries that a slowdown in Europe would cut into demand for the metals, which have several industrial uses.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :