Mon, 01 Jul 2013 09:17:06 GMT
Gold rebounds after reaching the lowest in 34 months
Gold gained for a second straight day as the fall to the lowest level since 2010 previous week lured investors to stay steady. Spot gold advanced 1.1% to $1,248.12 an ounce and was at $1,244.52 as of 2:49 p.m. Singapore time, after retreating 0.7%. The yellow metal prices slid to $1,180.50 on June 28, reaching the 34-month low.