Gold climbs as Greenback declines

Source: Bloomberg
© Scanpix/Reuters
Gold advanced for a third straight day amid speculation previous quarter's plunge is stimulating physical demand, and the greenback declined from a three-year record level. Gold for August settlement advanced 0.8% to $1,255.80 per ounce at 7:46 a.m. on the Comex in New York. Immediate deliveries gained 0.6% to $1,258.46 in London.

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