Gold rises in Asia

Gold rose on Friday as mounting worries about a Greece debt default prompted buying from investors, while silver gained more than 2 percent after tumbling from a two-week top in the previous session. Spot gold added $5.60 to $1,523.70 an ounce by 0517 GMT as Greece fights to avoid a debt restructuring. Gold touched a record around $1,575 in early May.
Silver rose 27 cents to $37.51 an ounce in thin trade after hitting a high around $38. It had rallied to a two-week high at $38.84 on Thursday before hitting a low around $36 as speculators booked profits. Silver struck record at $49.51 an ounce in April.