Gold has biggest one-day jump in a year - August gold futures - TopicsExpress

Gold has biggest one-day jump in a year - August gold futures soared 3.3% Monday to settle at $1,336 an ounce on Comex, which was the biggest one-day gain for the yellow metal in over one year.Investors increased gold holdings as weaker than expected U.S. housing data further damped expectations of a tapering in the U.S. stimulus measures.Gold is continuing to rise in the spot market, last trading up 0.1% at US$1337 an ounce.Additional factors driving gold higher in rec... ow.ly/2yyAdI

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