NEW YORK (MarketWatch) -- Gold futures jumped nearly $30 an ounce to join a broad-based rally for commodity prices Tuesday as concern over Greece's fiscal situation dissipated, allowing for the dollar to fall and increasing the precious metal's appeal as an investment.
The market showed little reaction to news of a bomb exploding just outside of the Athens office of J.P. Morgan Chase & Co. (JPM 40.11, +0.04, +0.10%) . There were no injuries, according to initial reports.
Gold for April delivery finished up $29.80, or 2.7%, at $1,119.80 an ounce at the New York Mercantile Exchange.
