However, the present weak demand in the market in China and India, the largest consumer of the yellow metal extent of the rise of prices.
The price of gold in the spot transactions 0.3 percent to $ 1162.71 an ounce (an ounce) by 0629 GMT. Price is still a little low since the beginning of the week, after touching 1146.75 dollars an ounce on Wednesday registered its lowest level since March 18.
The increased price of gold in US August delivery contracts 0.2 percent to $ 1161.80 an ounce.
The Greek government has sent a set of reform proposals to its creditors in the euro zone on Thursday in an effort to obtain new financing to avoid falling into the abyss of bankruptcy and would seek a vote in parliament on Friday to take immediate action.
The euro jumped against the dollar support from this news, which makes assets denominated in US currency such as gold less expensive to buyers of holders of other currencies.