Gold Helds On To Tuesday’s Gain (GLD, GDX)

Gold has held on to the slight gains it made on Tuesday. Gold for delivery in June was up by $5.40 to $1.141.40 per ounce in trading today. On Tuesday, the precious metal finished slightly higher.

In early trading today, in New York, the SPDR Gold Trust (ETF) (NYSE: GLD) is up 0.77% to $111.88, while the Market Vectors Gold Miners (ETF) (NYSE: GDX) is up 1.22% to $47.38,. Gold prices have received a boost as investors look for a safe haven due to the mounting concerns about the debt crisis in Greece and its implications on the global economy.