Gold futures rose on Friday to the highest level since the middle of December.
Gold for April delivery gained $4.50 U.S. to $1,156.70 U.S. an ounce in electronic trading on Globex.
The contract earlier hit an intraday high of $1,157.90 U.S. an ounce, the highest intraday level since Dec. 14, 2009, when gold rose to $1,226 U.S. an ounce, according to FactSet data.
"Continued concerns over Greece's financial situation, coupled with a lack of attractive investment alternatives due to continuously low interest rate levels both in the U.S. and the euro zone, should keep interest in gold high and should support the gold price," said analysts at Commerzbank AG in a note.
Also on Globex, gold for June delivery, the most active contract, gained $5.30 to $1,158.20 U.S. an ounce.
