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News Summary: Gold edges higher on Greece

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The Associated Press | November 21, 2012 04:21 PM EST | AP


GOLD CREEPS HIGHER: Gold edged higher, closing up 0.3 percent after European Union leaders failed to reach a deal to give more aid to Greece, leaving the future of debt-stricken nation in limbo. Skepticism about the durability of a cease-fire between Israel and Hamas also bolstered demand for gold.

COPPER IN THE DOLDRUMS: The price of copper fell 0.6 percent amid ongoing uncertainty about the outlook for economic growth.

TURKEY TALK: Trading was markedly lower the day before the Thanksgiving holiday.