Gold futures are rising on Eurozone's woes

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Source: China.org.cn
© Scanpix/AFP

Gold futures COMEX Division of New York Mercantile Exchange went up on Tuesday as investors confidence in European markets remains low stimulating demand for precious metals. Gold contracts for December hit USD 1,782.2 an ounce increasing by 0.2%. Other precious metals also added value on European woes. Silver futures for December went up by 1.3% to USD 34.456 an ounce; platinum prices for January delivery grew by 0.1% to USD 1,642.7 an ounce.

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