Gold edged higher on Thursday, buoyed by a euro strengthened by hopes Greece was moving closer to a bailout deal, and surprisingly strong China inflation also supported sentiment. Spot gold edged up 0.1 percent to $1,735.69 an ounce by 0803 GMT, recovering from an intra-day low of $1,725.49. US gold inched up 0.4 percent to $1,738.60.