Tuesday gold prices shot to a fresh 2010 high on bargain hunting and debt worries despite a firmer dollar. Gold last traded up $17.30 to $1,170.30/oz., silver fell $.08 to $18.20/oz.

* "Stocks tumbled Tuesday and the Dow dropped over 150 points after the debt ratings on Greece and Portugal were downgraded by S&P. It was a rocky morning as investors digested some encouraging earnings and a jump in consumer confidence against worries about sovereign debt, the Fed meeting, the Goldman Sachs hearing and financial regulation," reports CNBC.