Gold prices are climbing as concerns deepen about the European economy, AP reported. Gold rose $27 Tuesday to finish at $1,785 an ounce. The price is up about 10 percent since Aug. 1. The European Union says economic growth in Germany and France barely budged in the second quarter. That hurt the economy across the 17 countries that use the euro. The news is reinforcing concerns about the broader economic slowdown as European leaders deal with sovereign debt problems in several countries. A slower economy could mean less demand for commodities. Gold is considered a relatively stable asset to hold during uncertain economic times. In other trading, prices for oil, copper and soybeans are lower, while wheat, corn and platinum are higher. -- SPA
