Gold Futures Advance in New York as Decline to a 5-Week Low Prompts Buying

Precious Metals

Bloomberg reported that gold increased for the second straight session as traders looked for an investment haven.

Bloomberg reported that gold increased for the second straight session as traders looked for an investment haven.

The market news is quoted as saying:

Gold futures for August delivery rose $10.20, or 0.7 percent, to settle at $1,510.40 at 1:43 p.m. on the Comex in New York. The price gained 0.3 percent yesterday.

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