Gold and silver climb as the dollar weakens

Gold and silver climb as the dollar weakens

During today’s trading session the gold has gained 0.5% to $1,500.10 an ounce, price for June gold also increased by 0.4 % to $1,498.20.  

Silver prices also went up and traded at $35.270 an ounce which is 1% more, as for the cash silver it gained 0.8 % and was traded at $35.285. 

According to the analysts such situation occurs due to the weakness of the dollar and the euro. Situation around Greece also pays a significant part in price making.