Gold rises towards $1,185 an ounce
Gold rose towards $1,185 an ounce on Thursday and held near record highs in euro terms on fears Greece's debt issues may spread, with cautious comments from the European Central Bank doing little to temper risk aversion.
Gold rose nearly 1 per cent towards $1,185 an ounce in Europe on Thursday and hit record highs in euros, sterling and Swiss francs as investors worried Greece's debt problems could spread elsewhere in the euro zone.