Gold Advances as Allies Attack Libyan Targets, Boosting Demand for Haven

Bloomberg reported that continued unrest in Libya has boosted demand for gold as an investment safe haven.

The market news is quoted as saying:

Gold futures for April delivery rose $10.30, or 0.7 percent, to settle at $1,426.40 an ounce at 1:47 p.m. on the Comex in New York.

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