Gold gets above $1800 as bad economic news piles on
Gold futures on the COMEX traded above $1,800/oz on Thursday as bad economic news continues to mount and market sentiment turns.
On Thursday, the S&P/TSX Composite index fell nearly three percent. The S&P/ASX 200 was off 3.51%.
Markets worry that Europe could pull the world economy down due to a spreading euro-zone fiscal crisis.
