Gold climbs on MidEast
canada goose outlet miami LONDON (Reuters) Gold rose on Wednesday as violence in North Africa and the Middle East stoked demand for the metal as a haven from risk, and as worries over euro zone debt returned to the spotlight ahead of a summit this week. canada goose outlet miami
canada goose outlet winnipeg address Gold tracked a recovery in crude oil, which arrested a two day slide as worries about turmoil in the Arab world, where pro democracy protests are spreading from Libya to Yemen and Kuwait, outweighed OPEC assurances of ample spare capacity. MT, against $1,428.19 late in New York on Tuesday. gold futures for April delivery rose $7.60 an ounce to $1,434.80. canada goose outlet winnipeg address
Euro priced gold was set for a fourth daily canada goose uk shop rally, its strongest run in two months, while gold priced in Japanese yen reached its highest since at least 1983.
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canada goose outlet in vancouver Euro zone leaders are expected to take the next cautious steps in their year long effort to quell the region debt crisis at a summit on Friday, attended by 17 heads of state. canada goose outlet in vancouver
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canada goose outlet woodbury Concern over euro zone sovereign debt was a major factor driving gold 30 percent price rise in 2010. It has since extended gains to a record $1,444.40 an ounce, largely on safe haven canada goose coats buying cheap Canada Goose linked to unrest in the Middle East region. canada goose outlet woodbury
LIBYA UNREST Libyan forces loyal to leader Muammar Gaddafi closed in on rebels in the western city of Zawiyah on Wednesday, surrounding them with tanks and snipers in the main https://www.canadagooseisverige.com square, a resident and a rebel fighter said.
canada goose outlet uk sale With the international community still hesitant about how to respond to the crisis in Libya, a counter offensive by Gaddafi has halted a rebel advance in cheap canada goose uk the east and canada goose store left others stranded in the western cities of Canada Goose Coats On Sale Zawiyah and Misrata. canada goose outlet uk sale
prices. (are) still underpinned by the MENA unrest and uncertainty over the ongoing violence in Libya, said VTB Capital analyst Andrey Kryuchenkov in a note.
canada goose outlet toronto address Reflecting investor appetite for gold was another pickup in holdings of the metal in some of the world largest exchange traded funds, which have risen by over 340,000 ounces so far this week to over 61 million ounces. canada goose outlet toronto address
Gold has risen by nearly 10 percent in canada goose clearance sale the last seven weeks, since protests in Tunisia uk canada goose outlet and Egypt spread to other parts of the Middle East and North Africa, triggering a 20 percent rise in crude oil and raising concern over canada canada goose outlet goose uk outlet the chances of an oil price shock to the global economic recovery.
Silver rallied for a fourth day, rising 0.75 percent to $36.27 an ounce, supported by the gains in gold and the ongoing backwardation across the silver futures curve, as well as by continued inflows into ETFs buy canada goose jacket.