New York Mercantile Exchange gold futures closed slightly higher on the 10th, as investors have hedged the risk of the financial position of the euro area demand.
COMEX gold futures contract settlement prices in February rose $ 5.20, to 1,374.10 dollars an ounce, or 0.4%. Trading was quiet in the recent contract settlement price also rose $ 5.20, to 1,373.70 dollars.
Market is concerned about the fragile financial situation of the situation in Portugal, the country billions of euros this week plans to issue bonds. Analysts expect the transaction or Zaodaolengyu bonds, because the country's economic prospects make investors nervous.
BNP Paribas (BNP Paribas) analyst Anne-Laure Tremblay said: "The rise in bond yields increased the opportunity cost of holding gold, gold remains bullish after the end of short-term adjustment, the risk of sovereign debt payment this year, the city is still a key theme. "