Gold Advances in London Trading on Decline to 6-Week Low, Dollar

Bloomberg reported that gold prices were up as demand for an investment haven increased.

The market news is quoted as saying:

Immediate-delivery gold gained $8.12, or 0.6 percent, to $1,495.90 an ounce by 5:33 p.m. in London. The metal dropped to $1,478.83 on July 1, the lowest level since May 17.

To read the full market news, click here.