Tue, 02 Jul 2013 10:41:10 GMT
Gold jumps for third day to prolong recovery from 34-month low
Gold prolonged a recovery from the
weakest level in 34 months, advancing for the third day, amid
speculation that lower prices may increase demand. Spot bullion
inched up 0.7% to $1,260.90 per ounce. Prices rose 1.5% yesterday,
after dropping to $1,180.50 on June 28, the lowest level since August
2010.