In other words, some aren't so sure the EU bailout or the crisis is over just yet. Reuters:
The measures, unveiled on Monday, sparked a relief rally in assets seen as higher risk, such as the euro, stocks and industrial commodities.
"While this (euro zone rescue package) provided at least a temporary band aid for the sovereign debt crisis, there is still a potential for significant problems and the need to potentially do more," said Bill O'Neill, partner at Logic Advisors. "This package bides time but it doesn't indicate that the crisis is necessarily over, and that's what gold is reflecting."
Gold rallied last week on concern that Greece's debt problems would be echoed elsewhere in the euro zone, but slid 2 percent on Monday after the rescue package sparked a relief rally across financial markets.
