MUMBAI (MarketWatch) -- Gold futures rose on Thursday, with safe-haven flows going into the precious metal ahead of a Group of 20 meeting where Greece and European leaders will again be on the spot about the region's crisis. Gold for December delivery GC1Z +0.18% was up $3.10 at $1,732.70 an ounce. Gains were curbed by a stronger dollar, however, as the euro fell ahead of the G-20 meeting and a European Central Bank decision on interest rates. Against the dollar, the euro was at $1.3692, down from $1.3745 late Wednesday. Markets have fallen sharply this week after Greece's Prime Minister announced he would put to a referendum measures agreed by European Union leaders to reduce Greek debt, recapitalize European banks, and boost the region's rescue fund. Late Wednesday, the leaders of France and Germany said that further aid for Greece would be contingent on its adoption of the euro-zone proposals.
