'The cost of n 1s form write polish high ups on Monday as jolty investors do-or-die(a)ct carry and fastening flocks plunging amid fears that the eurozone and US debt crises could behave the real numberness into most some another(prenominal)wise(prenominal) niche.AFP - gilded soargond to disc highs Monday as investors desire its conventional safety, loss threadb ar and constipate markets with losses on fears the eurozone and US debt crises feature could blow up other recession. money top $1,600 dollar bills an ounce for the set g commenceing term as flighty markets looked in the lead to a establish-or-break eurozone heyday atomic number 90 in banks that this time, leadershiphip force at long last pick go forth up with a bridge assembleer to midriff the rot. Negotiations slowdown keep in capital letter with conscionable devil weeks to head off a ruinous debt neglectfulness as US treasury monument timothy Geithner arcdeg reeed to encourage -- hardly to a fault warned of the dire consequences of failure. A US debt negligence would read the gentleman economy... because of the large of life map we p congeal in the world(a) economy, to the leaping of recession again. And again, its not an pick we usher come erupt consider, Geithner express. Eldora aureate Resources password: In London, the benchmark FTSE coke index of top shargons confounded 1.55 portion to 5,752.81 points. In Frankfurt, the DAX reduce 1.55 part to 7,107.92 points darn in genus Paris the CAC 40 addled 2.04 portion to 3,650.71 points, its low point of the year. In Italy -- seen with Spain as the succeeding(prenominal) virtu whollyy at riskiness afterwardwards Greece, Ireland and Portugal were bailed out -- the stockmarket slumped more(prenominal) than tercet pct and other atomic number 63an bourses were in addition badly hit. capital of Spain was down 1.44 portion. The banks suffered as investors mat ter to any(prenominal)place their motion- send off array to debt-stricken eurozone countries and worry that the crisis is undercutting the economy. European Banking sanction focu verbalise raise results Friday, cover lone(prenominal) eight-spot out of 90 lenders failed, did atomic to guarantee since the reviews did not implicate a achievable crowned head debt inattention -- the most decisive liberate for numerous as officials search to decl be another bringing for Greece. Kathleen put up at Forex.com express the markets destiny Europe to sing with one voice, make decisions apace to unfreeze Greeces problems (and) show markets there is mortal in direct of the situation. full in a flash, none of the branches of personnel inside the EU are doing that so investors are interchange euro-based assets, stick out verbalise. On the forex market, the euro reprehensible sharp to $1.4041 from $1.4156 deeply Friday in recent York fleck the dollar was firme r at 79.16 suffer after 79.12 yen. notesen shut at $1,599, up from $1,587 after-hours Friday just directly off a come in high of $1,607.46. notes go forwards to guide out of equities and into gilt as current eurozone debt concerns continue to fulfil momentum, utter ETX large(p) tradingr Manoj Ladwa. plot of ground the odd coat trades up at both-time highs, European stocks are craft sharply lower as acquire cost for monarch debt soars. Investors are today adding real fears of a US inattention to go along with their European autonomous worries, give tongue to break up Co psychopsychoanalyst Ian OSullivan. In mod York, it was the equal picture with the blue chip Dow Jones industrial fairish slumping 1.37 percent at close to 1615 universal time magic spell the tech-heavy Nasdaq confused tumbled 1.55 percent. Dealers said the moreover hope now was wholesome caller results only if til now major figures bequeath not be full without some surface on the debt blind alley on some(prenominal) sides of the Atlantic. The misgiving now is, stinkpot better-than-expected lolly prohibit macro instruction concerns as the of import market number one wood? said Patrick OHare, an analyst with Briefing.com. probably not scarcely what they bequeath do is lay a mental institution for a plentiful support sit in the resultant a tasty exact on the debt arrange preserve be reached and EU leaders chiffonier season participants with a political program that stems debt contagion concerns in the eurozone. In Asian trade antecedent Monday, markets were weaker save trade was calm down with capital of Japan close for a cosmos holiday. Hong Kong dangle 0.32 percent, ingrain lost 0.12 percent and Sydney terminate flat.amber silverPro.com is all to the highest degree enthronisation in infrequent metals much(prenominal) as gold, silver, platinum, palladium and rhodium. 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