Gold climbs 1.3pc as dollar index hits session lows

23 May, 2013

LONDON: Gold prices rose more than 1 percent on Thursday, lifted by weakness in the dollar as it slid to session lows against a basket of currencies, with investors opting for safe-haven currencies like the yen.

Spot gold was up 1.3 percent at $1,386.60 an ounce at 0846 GMT, while US gold futures for June delivery were up $18.20 an ounce at $1,385.60.

Copyright Reuters, 2013

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