Gold Bullion boosted by scepticism over Greek economic recovery

The mid-term future looks bright for Gold Bullion as the attractiveness of the precious metal increases on the back of concerns over the Greek economy.

According to Nasdaq, doubts about the suitability and long-term effectiveness of the aid delivered for the Greek economy has caused investors to consider heavier Gold Investment on account of the financial security it offers.

The news provider said: "Gold futures saw gains as investors sought a safe haven on scepticism that a Greek aid package will resolve the nation's debt."

Meanwhile, in India Gold Prices are said to be increasing, with the Press Trust of India reporting that a more settled global market is having a positive effect on precious metal prices.

The news provider said: "Gold Prices rose further by Rs 45 to trade at Rs 16,925 per ten grams on the bullion market here today on sustained buying amid a firming global trend."

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