Gold appreciates on Cyprus agreement

Note: This section contains information in English only.
Source: Bloomberg
Gold for instant delivery advanced 0.3% to $1,613.76 an ounce at the midday trading session in Singapore on Monday. The price of gold increased even after Cyprus announced an agreement with international lenders about a bailout, as concern remained in the market that European region governors will face additional issues dealing with the sovereign debt crisis. 
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