Gold Climbs as European Crisis Spurs Demand

Bloomberg reported that Greek debt concerns pushed gold futures up for the second session in a row.

As quoted in the market news:

Gold futures for delivery in December jumped $35.40, or 2.2 percent, to settle at $1,657.70 an ounce at 1:51 p.m. on the Comex in New York. The metal gained 0.3 percent on Sept. 30. The price has climbed 17 percent this year, reaching a record $1,923.70 on Sept. 6.

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