Gold holds near $1,155

Precious Metals

On Monday, Gold held near $1,155 an ounce in Europe, largely shrugging off euro weakness, as uncertainty over how and when Greece would receive financial aid boosted the metal’s appeal as a haven from sovereign risk.

On Monday, Gold held near $1,155 an ounce in Europe, largely shrugging off euro weakness, as uncertainty over how and when Greece would receive financial aid boosted the metal’s appeal as a haven from sovereign risk.

The press release is quoted as saying:

Spot gold hit a peak of $1,159.73 an ounce in earlier trade, its highest since April 15, and was at $1,155.25 an ounce at 1517 GMT versus $1,155.90 late in New York on Friday.

Click here to access the entire press release

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