Gold Rallies on Safe-Haven Buying, Weaker Dollar

Gold costs climbed Friday, as fears a few slowing financial system pushed some traders towards safer belongings and the greenback declined.

Gold for July supply, the most-active futures contract, rose zero.eight% to $1,302.20 a troy ounce on the Comex division of the New York Mercantile Change. Regardless of latest stock-market volatility, costs are solely barely increased for the month and yr with many analysts preferring the security of U.S. Treasurys and the greenback.

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