| Gold prices rose on Tuesday, as investors sought out the safe-haven metal while European stock markets slipped. Gold for August delivery, the most actively traded contract, was recently up 0.5% at $1,179.40 a troy ounce on the Comex division of the New York Mercantile Exchange.
A tumble in Germany’s DAX index led European stocks lower, as uncertainty over Greece and the timing of a U.S. interest-rate increase made investors nervous. The volatility helped boost prices for gold, an asset some investors buy during periods of uncertainty in the belief that it will perform well during turbulent times...............................................Full Article: Source
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