Gold ticks up in Asia

22 Jun, 2011

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.

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