Gold Was Cut Up, Investors Are Ready To Whatever The Results Of The Negotiations With Greece

Gold looks start was cut up on Thursday (25/06) this morning with investors who are prepared to face all the possibilities that occur from the results of the negotiations between Greece with the creditors, where the bailout debt can be obtained or not.

The Euro zone finance ministers ended a meeting on Wednesday in yesterday's early because there was no progress made between Greece with its creditors. Minister of Finance of Finland, Alex Stubb, says that the Eurogroup will continue meeting on Thursday at 1:00 pm local time or later in the evening.

On the Comex Division of the New York, the price of gold futures for August delivery rising 0.14 percent to $1, 174.60 per troy ounce. A night earlier, gold futures slumped to the lowest level in more than two weeks, extending his descent from earlier this week, in the middle of the movement of the Us dollar is relatively flat. Alotnya negotiations with Greece also affects the motion of the gold price. Meanwhile, the price of spot gold stable in numbers $1, 174.90 an ounce early in the day, after sagging as much as 2.2 percent in last four sessions. Gold prices plummeted to the lowest level since June 8, at the price of $1, 171.03 yesterday.