Fri, 03 Aug 2012 16:06:01 GMT
Gold recovers from a weekly drop
On Friday, gold advanced first time in five days in London amid speculation investors will start purchasing after gold's worst time in six weeks. Immediate-delivery futures gained 0.3% to $1,593.75 per ounce. December-delivery bullion increased 0.4% to $1,596.60, while bullion tumbled to $1,584.08 per ounce, the lowest level since July 25.