Gold Cautiously Up Amid Mixed Dollar

The price of gold edged higher for a third session Thursday morning as markets digested news that the European Union has agreed to an aid package for debt-laden Greece.

April gold was up $9.00 to $1,085.30 an ounce. Gold has been rising this week, even as the dollar has held onto most of its advance to 8-month highs versus the euro and sterling.

Gold generally moves opposite the dollar, but rising demand from China and hopes that the European debt crisis has been remedied have given the precious metal a boost.

Silver and platinum were also edging up in morning deals.

by RTTNews Staff Writer

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