Gold advances on Egypt's political conflicts

Note: This section contains information in English only.
Source: Bloomberg
Gold gained for second straight day on bets that political problems in Egypt and the credit crisis in Europe may boost demand for safe haven assets. Spot bullion added 0.4% to $1,258.35 an ounce, and was at $1,256.30 as of 8:53 Singapore time, after its prices rose 0.8% day earlier. The yellow metal for August delivery gained 0.2% to $1,254.30 an ounce on the Comex in New York.

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