Mon, 15 Jul 2013 09:52:07 GMT
Gold advanced on weaker U.S. Dollar
The metal-future prices advanced on weaker U.S. Dollar and easing concerns over the China's economy. The August Comex gold contract inched up $12.30 to $1,289.90 per ounce, after jumping 5.4% in the previous week, while silver for September settlement gained 24 cents to $20.04 per ounce. China's GDP increased 7.5% in the second quarter.