Gold climbs 1 per cent

Published July 22, 2008

LONDON, July 21: Gold rose more than 1 per cent in Europe on Monday as oil prices firmed after talks between Iran and world powers over the Islamic Republic’s nuclear programme ended in stalemate, and as the dollar weakened against the euro.

Gold rose to $964.65/965.65 an ounce from $955.45/957.05 an ounce late in New York on Friday, when it fell to a one-week low of $949.50. Earlier on Monday it touched a session high of $968.25.—Reuters

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