Gold prices held firm Friday morning, rising $4.00 to $1,347 per ounce while stock prices came under pressure overseas. On the back worries over a spike in Greek bond yields and fresh concerns over sovereign debt, stocks moved lower in Asia and investors flocked to gold as a safe haven.
Oil and copper both followed stocks lower as cyclical commodities faced a bout of profit taking. Despite what has been a volatile month for the price of gold, it looks set to close the month up roughly 3%.
