Gold Gains as Slowing Economies Stoke Investment Demand, Palladium Falls

Bloomberg reports gold gained as other precious metals fell for a second day in New York on concerns about slowing economic growth.

The market news is quoted as saying,

Silver for December delivery in New York rose 0.5 percent to $39.545 an ounce. Palladium for September delivery fell 0.2 percent to $744.75 an ounce. Platinum for October delivery was up 0.9 percent at $1,813.70 an ounce after reaching $1,828, the highest price since June 13.

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