Gold Prices Rise On Greece Debt Woes
By Chao Deng
NEW YORK (TheStreet ) -- Despite Greece's appointment of a new finance minister on Friday, the gold market hardly felt relief amidst the looming possibility of a euro zone default. Gold gave up some early gains during today's session, but August futures traded up as high as $1542.
Gold on the Comex was last gaining $11.90 to $1,537.70 an ounce. New York spot gold price was increasing by $12.78 to $1541.90 per ounce, according to Kitco's gold index.
www.thestreet.com
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