Global Stock Exchanges on Track for 2nd Day of Gains

Stock markets are poised for another day of gains as Eurozone officials close in on a deal to protect European banks in the ongoing debt crisis. Gold prices also rose following a two-day sell-off that saw the gold drop below $1,600 an ounce.

Despite the optimism that a comprehensive arrangement is close to completion for the Eurozone, markets are expected to remain volatile in the short-term.

Source: Reuters

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