Gold Rises on Demand for Bars, Coins

Bloomberg reported that gold clambered up to a one-week high in Tuesday trading, given a lift by demand for gold bars.

As quoted in the market report:

 On the Comex in New York, gold futures for June delivery rose 1.8 percent to $1,421.20 an ounce after reaching $1,438.80, the highest for a most-active contract since April 15.

To view the whole Bloomberg report, click here.