Gold Advances for Second Day on Outlook for Stimulus, Demand

Spot gold rose as much as 0.3 percent to $1,315.50 an ounce and was at $1,313.81 at 9:35 a.m. in Singapore. Bullion ended 0.1 percent higher at $1,311.75 on Aug. 2, rebounding from $1,283.30, after reports showed that U.S. companies added fewer workers than anticipated in July even as the jobless rate fell.

 

Read More: www.bloomberg.com/news/2013-08-05/gold-advances-for-second-day-on-outlook-for-stimulus-demand.html

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