New York Mercantile Exchange gold futures closed up 12. Among them, the February gold contract rose $ 1.5, or 0.1%, to close at 1,385.8 U.S. dollars / ounce.
Earlier, the Portuguese government bonds auction were due to good demand and market speculation may expand the scale of the EU assistance funds for hedging demand weakened, for, gold futures under pressure.
Richcomm Global Services senior analyst Pradeep Unni said: "As long as the euro zone is still in crisis, investors will take advantage of every kind into the market low, so the possibility is very small drop of gold, at least so in the quarter."
In addition, another analyst said, for not more about the European sovereign debt and U.S. economic growth, bad news, the gold may be difficult to replicate last year's strong performance.
Physical market, due to higher prices, lower demand in India. Physical gold demand in Asia is still very abundant, especially in China, the gold bars to reach 2 year high premium on Tuesday.