Gold set for second straight monthly gain

Source: Bloomberg
Gold is set for second consecutive monthly advance as worries that the U.S. economic recovery might be losing momentum and unrest in emerging markets increased safe haven demand. The yellow metal for immediate delivery traded at $1,332.61 an ounce as of 9:26 a.m. Singapore time, after it was at $1,331.33 on Thursday. Gold has advanced 11% this year to date.

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