Stronger Euro Boosts Gold Prices

Reuters reported that increases in the Euro also supported another increase in gold prices.

As quoted in the market news:

Spot gold was up 0.3 percent at $1,663.80 an ounce at 1241 GMT, having earlier peaked at $1,669.75, its highest since December 13. It has had a positive start to the year, up 6.4 percent since end December.

Click here to read the full Reuters report.