Gold Rises on Escalated Sovereign Concerns. Oil Gains on Pipeline Shutdown
BonTradeThe market focus this week is shifted to the Eurozone from the US. Apart from resurface of sovereign concerns as several peripheral countries hold bond auctions, the ECB will be meeting for monetary decision Thursday. The euro remained under pressure after a week's selloff and continued trading at 3-month lows against the US dollar and Japanese yen. Gold rebounded after recording the deepest decline since May last week.
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Gold Rises on Escalated Sovereign Concerns. Oil Gains on Pipeline Shutdown
