• Gold strengthens

Market news

13 February 2012

Gold strengthens

Gold is rising against the backdrop of positive news from Greece, where the Parliament on Monday night approved a loan agreement with international lenders, according to the auction.

The Greek parliament approved a medium-term economic program, which includes budgetary austerity, including the reduction of salaries and pensions. This program is a condition for granting aid package the EU and the IMF in the amount of 130 billion euros.

The cost of the February gold futures on the COMEX today rose to 1733.0 dollars per ounce.

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