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Gold edged up on Tuesday and held near its highest in two weeks, with no quick end in sight to economic turmoil in Europe after Greece was told to approve a new austerity package to avoid defaulting on its debt. Spot gold added $2.81 to $1,542.76 an ounce by 0615 GMT after rising as high as $1,545.90 an ounce on Monday, its strongest since June 9.
Gold is still below a lifetime high around $1,575 touched in early May. Silver was steady at $36.06 an ounce, below a record at $49.51 an ounce hit in April. Platinum and palladium bounced from Monday's lows.

Copyright Reuters, 2011

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