Gold Climbs for Second Day as European Debt-Crisis Concern Stokes Demand

Precious Metals

Bloomberg reported that gold prices rose for the second consecutive session as traders sought an investment haven.

Bloomberg reported that gold prices rose for the second consecutive session as traders sought an investment haven.

As quoted in the market news:

Gold futures for December delivery gained 1.1 percent to $1,654.40 an ounce at 9:49 a.m. on the Comex in New York. On Oct. 21, the precious metal jumped 1.4 percent.

Click here to read the full Bloomberg report.

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