Summary Box: Gold leads metals rally as concerns abate about Greece’s financial problems
By APFriday, April 9, 2010
Summary Box: Gold leads rally in metals prices
GOLD LIFT: Gold prices topped $1,160 an ounce Friday for the first time in nearly three months as concerns about Greece’s financial crisis abated. Other metals also settled higher as the dollar fell.
GREEK EFFECT: Greece’s debt problems have worked to gold’s advantage amid worries that the crisis could hurt other European countries. Greece’s finance minister says officials are working on details of a previously announced bailout plan.
MIXED ENERGY: Heating oil, oil and gasoline all lost ground while natural gas rose.
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