Gold prices dropped Friday after Fitch downgraded the credit ratings of Italy and Spain, boosting the value of the dollar against the euro. Gold (-GC) for December delivery was last down $17.50 to $1,635.70 an ounce at the Comex division of the New York Mercantile Exchange. Gold traded as ...
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Fears rise again over Europe debt crisis
German benchmark borrowing costs fell below 2 per cent to all-time lows while Italy’s shot up as worries about the eurozone debt crisis and the fragility of banks once more ...
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Prospect of ECB buying pares losses
Friday 21.30 BST. Conflicting reports on whether the European Central Bank could buy Spanish and Italian bonds if Italy announced reforms were driving trading, helping risky ...
European Debt Worries Batter Asian Stocks
The broader Asia index has snapped three straight weeks of gains on investor expectations that the second half held better prospects for risky assets than the first ...
Bankruptcy fears batter YRC shares - MarketWatch
SAN FRANCISCO (MarketWatch) -- YRC Worldwide Inc. shares shed 20% to $1.64 in early trading on Wednesday after the shipping and trucking carrier said in a Securities and Exchange ...
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Dow falls 151 as debt worries batter stocks- MSN Money
Investors fear Italy is being pulled into Europe's debt crisis. President Obama and the GOP remain far apart on debt talks. Gold and Treasurys rise.
Global markets falter amid debt fears; euro drops against dollar
NEW YORK, July 18, (Agencies): World stocks and the euro stumbled on Monday, while gold prices jumped to a record high on fears that no imminent solutions to the US and ...
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