Snapping its four-day losing streak, gold moved up Tuesday morning after the U.S. dollar eased from its 8-month high versus the euro.
The euro strengthened snapping four days of declines, on speculation Greece will get aid from European nations to tackle its swelling budget deficit. The speculation increased after EU leaders announced plan to hold a special summit on the economy on Thursday in Brussels.
April gold was up $12.5 to $1,078.20 an ounce. Last week the contract fell over 5% as the U.S. dollar surged, particularly strengthening against the euro.
Meanwhile, the greenback was marginally easing versus the euro, the British pound and the Canadian dollar.
Silver and platinum were also edging up in morning deals.
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