(RTTNews) - The price of gold moved up above $1,380 for the first time in six sessions Tuesday morning amid persistent worries over the euro zone debt situation.
Gold for February delivery, the most actively traded contract, was up $10.40 to $1,384.50 an ounce. Yesterday, gold ended up for the first time in five days as euro zone sovereign debt worries resurfaced.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, edged up for the first time since December 20 to 1,272.68 tons from 1,271.16 tons.
Meanwhile, the U.S. dollar was hovering around its 4-month high versus the euro. The buck was struggling for direction against sterling, while trading flat versus the Swiss Franc and the yen.
Elsewhere, the prices of silver and platinum ticked higher in morning deals, while copper moved up for the first time in four days.
