Gold Surged Along With The Strengthening Of The Euro, His sturdy level on ETF holdings shows growing interest in precious metals but physical market bogged down in Asia, as dealers reported continuous sales from Indonesia. The gold price in euros were at a record Friday. Gold briefly traded up to $1,136.85 per ounce and at $1,133.97, the price tends to be stable from the closure of New York Friday, the precious metal when in the euro surged to a record 838.26 euros due action to buy the debt crisis was influenced by Greece in the country.
"At first we were weakened but the market later recovered due to the strengthening of the euro. This is an action to buy sporadically, although I do not feel this appeared from the physical market, "said a dealer in Hong Kong, referring to gold jewelry.
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