Gold advances as Obama moves closer to Syrian strike

Gold advanced after the biggest drop in a month after the Senate Foreign Relations Committee voted to authorise President Barack Obama to conduct a limited US military operation against Syria.

5th September, 2013
Bullion for immediate delivery gained as much as 0.3 per cent to $1,395.07 an ounce.

Gold advanced after the biggest drop in a month after the Senate Foreign Relations Committee voted to authorise President Barack Obama to conduct a limited US military operation against Syria, boosting haven demand.

Bullion for immediate delivery gained as much as 0.3 per cent to $1,395.07 an ounce, and was at $1,393.49 earlier in Singapore. Prices retreated 1.5 per cent yesterday, the most since August 6. Gold for December delivery rose 0.3 per cent to...

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