WSJ: PRECIOUS METALS: Gold Rises On Euro Worry, Bullish Goldman View
NEW YORK (Dow Jones)--Gold futures Tuesday climbed to their highest level in almost three weeks on concern over Europe's debt woes and a bullish outlook on commodities from Goldman Sachs.
The most actively traded gold contract, for June delivery, was recently up $9.90, or 0.7%, at $1,525.30 an ounce on the Comex division of the New York Mercantile Exchange. The contract rose as high as $1,525.90 an ounce, its highest price since May 4.
Precious metals continued to receive support Tuesday from investor caution as