The risk has increased that the European Central Bank would again miss its inflation target, the minutes of the bank's October meeting of policy setters showed on Thursday, adding that current measures may not be sufficient.

Today’s AM LBMA Gold Price was $1,211.00, €1,083.45 and £772.96 per ounce. Yesterday’s AM LBMA Gold Price was $1,209.60, €1,084.36 and €772.60 per ounce.

Greece needs to implement reforms, or its time in the euro is going to run out soon.