Gold strengthens in dull trade, eyes on Greece
1/23/2012 11:59:33 AM
SINGAPORE: Gold rose more than half a percent on Monday, tracking Tokyo futures higher in thin trade, but gains could be limited by a weaker euro after Greece and its private creditors failed to strike a crucial deal to avoid a messy default.
Investors are waiting for euro zone ministers to decide later in the day what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens.
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