Bloomberg reports that Gold advanced, heading for a second weekly gain, as China’s imports increased.
The market news is quoted as saying:
Gold for immediate delivery increased 0.4 percent to $1,390.70 an ounce at 10:36 a.m. in Seoul, boosting this week’s gain to 2 percent. The February-delivery contract was 0.2 percent higher at $1,391.70 an ounce on the Comex in New York.
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