Gold prices firmed-up on Monday after falling last week, when investors sold commodities on worries about fiscal stability in Greece and the broader euro zone. Traders will look to the euro's bearish outlook despite the Group of Seven's reassurance on Greece at a weekend meeting in Canada, investors are set to support the greenback and weigh on gains for the precious metal. Euro long positions have been unwound in line with speculative long positions in gold as risk appetite fell in recent weeks. Gold is trading at $1,067 as of 8:00am, GMT, with a bullish trend. Gold's Pool-Position is 71% Long, meaning that most Finotec clients are buying the precious metal.

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