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

Precious Metals

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

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.

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