Gold rises to highest level in three weeks

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Source: Bloomberg
Gold rose to a three-week high amid speculation that metal's biggest annual retreat in 32 years raised its demand in Asia. The yellow metal for immediate delivery added 0.7% to $1,245.75 an ounce, making it the highest level since December 17, and was at $1,243.84 as of 11:21 a.m. Singapore time. Bullion had its biggest climb in three months last week; however, it plummeted 28% previous year.
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Mon, 06 Jan 2014 16:31:05 GMT

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