Gold climbed

Market news

8 March 2012

Gold climbed

Gold rose on signs that investors are buying the precious metal as an alternative to a slumping dollar. The U.S. currency fell against the euro as Greece moved closer to completing its debt swap.

Gold futures for delivery in April rose to $1,695.00 an ounce. Session higfh as showed at $1,703.70 an ounce.

European stocks close: FTSE 5,859.73 +68.32 +1.18%, CAC 3,478.36 +86.03 +2.54%, DAX 6,834.54 +163.43 +2.45%

US Stocks rose: Dow 12,882.97 +45.64 +0.36%, Nasdaq 2,960.41 +24.72 +0.84%, S&P 1,362.24 +9.61 +0.71%

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