Summary Box: Gold prices fall as euro bounces off four-year low; oil prices climb
By APWednesday, June 2, 2010
Summary Box: Gold dips as euro rises
GOLD DROPS: A recent rise in gold prices was put on hold Wednesday as the euro strengthened.
EURO AND GOLD: Gold has been trading opposite the euro in recent weeks as investors seek alternatives to holding on to euros, which have been battered by Europe’s debt crisis.
OIL RISES: Oil rose, following stocks higher. Upbeat signs about the domestic economy buoyed hopes that demand for oil will rise.
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