Gold Prices Up on Grim Euro Debt Picture

Reuters reported that gold prices rose on European debt concerns.

As quoted in the market news:

Spot gold was up 0.7 percent at $1,730.90 an ounce by 1552 GMT, while the most-active April COMEX gold futures contract was up 0.9 percent at $1,732.90.

Click here to read the full Reuters report.