Saturday, August 8, 2009

Gold rises

LONDON: Gold climbed above $935 an ounce on Thursday, tracking hefty gains in oil, as a jump in Wall Street equities boosted interest in assets seen as higher risk and pushed the dollar lower versus a basket of currencies. Spot gold was bid at $935.85 an ounce at 1504 GMT, against $929.00 an ounce late in New York on Wednesday.

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