FXstreet.com (Barcelona) - The gold bullion dipped slightly overnight, however has been trading steadily higher this morning. The gold contract for June delivery is currently trading at $1206.60 where it is modestly higher since opening price.
Gold is enjoying its 4th straight day on the rise after touching bottom around $1170.00 midway through the week prior. Re-surfacing concerns over euro zone financials are once again the main focus of the markets, with risk aversion amped up even further due to recent political tensions on the Korean Peninsula. The yellow metal is thus gaining on safe-haven demand, however still remains volatile in respect to investor whims.
