Gold Stronger on Greek Worries

Sydney Morning Herald reported that US economic information and European debt pushed gold prices up.

The market news is quoted as saying:

Gold futures for December delivery gained $US30.20, or 1.7 per cent, to settle at $US1,809.10 an ounce at 1:44 p.m. on the Comex in New York. The metal dropped 2 per cent yesterday as the dollar jumped against a basket of major currencies.

To read the full market news, click here.