Gold May Gain for Fourth Day as European Debt-Crisis Concern Stokes Demand

Bloomberg reports gold may gain for a fourth day in New York as concern about Europe’s debt crisis spurs demand for a protection of wealth.

The market news is quoted as saying,

Palladium for June delivery rose 1 percent to $742.50 an ounce. Platinum for July delivery was 0.6 percent higher at $1,773.50 an ounce.

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