Mon, 03 Jun 2013 09:51:04 GMT
Gold rises as U.S. Dollar's appreciation stops
Gold gained, prolonging its first back-to-back weekly rally in four months, as the U.S. Dollar's strengthening stopped and the outflows in investor stakes slowed. Spot gold rose 0.7% to $1,397.90 an ounce and was at $1,395.95 as of 2:08 p.m. Singapore time. The yellow metal for August delivery rose 0.2% to $1,395.30 an ounce on the Comex, New York.