Gold gains further as unease lingers over Libyan crisis
China Daily | Updated: 2011-03-23 07:38
SINGAPORE - Gold gained for a fifth day as unrest in Libya, and lingering concern over the effect of Japan's nuclear crisis, combined to fuel demand for the metal as a store of value.
Immediate-delivery bullion gained as much as 0.3 percent to $1,431.48 an ounce on Tuesday, near a two-week high of $1,435.01 reached on Monday.
It traded at $1,428.16 by 2:44 pm in Singapore on Tuesday.
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