Gold edges up as Europe uncertainty supports
1/11/2012 10:54:39 AM
SINGAPORE: Gold inched up on Wednesday to flirt with a key resistance level, shrugging off a stronger dollar, as persistent uncertainties on the euro zone debt crisis lured investors to the safety of bullion.
Bright economic prospects offered by Alcoa's upbeat outlook helped push Asian shares higher, although investors refrained from riskier bets before Italy and Spain put up bond auctions, seen as a test of investors' confidence in the euro zone.
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