Summary Box: Gold prices rise on recession fears

AP News
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Posted: Aug 22, 2011 4:08 PM
Summary Box: Gold prices rise on recession fears

GOLD'S HAVEN: Gold prices continued to climb on concerns about what's ahead for the global economy. Investors worry about another U.S. recession, Europe's debt problems and volatility in financial markets.

BERNANKE SPECULATION: There is much speculation about whether Federal Reserve Chairman Ben Bernanke will make a significant announcement during his speech Friday at the Fed's annual meeting. A year ago, Bernanke used the event to hint at a bond-buying program designed to stimulate economic growth.

AGRICULTURAL GAINS: Wheat, corn and soybeans all ended the day higher.