Thu, 04 Jul 2013 10:27:07 GMT
Gold advances on Egypt's political conflicts
Gold gained for second straight day on bets that political problems in Egypt and the credit crisis in Europe may boost demand for safe haven assets. Spot bullion added 0.4% to $1,258.35 an ounce, and was at $1,256.30 as of 8:53 Singapore time, after its prices rose 0.8% day earlier. The yellow metal for August delivery gained 0.2% to $1,254.30