Wednesday, July 31, 2013

Gold rises on Asia demand


NEW YORK (Bloomberg)--Gold futures climbed for the second time in three sessions Monday on signs of increased physical purchases.

Gold futures for December delivery rose 0.6 percent to settle at $1,329.60 an ounce at 1:44 p.m. on the Comex in New York. The precious metal gained 2.2 percent last week.

Silver futures for September delivery climbed 0.5 percent to $19.864 an ounce in New York.

On the New York Mercantile Exchange, platinum futures for October delivery added 1.4 percent to $1,442.70 an ounce, the first advance in three sessions.

Palladium futures for September delivery jumped 2.9 percent to $744.65 an ounce, the biggest jump since July 1.

courtesy of the-japan-news.com

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