Gold Rose Despite Broad-based Declines in Commodities. Safe-Haven Demand amid Greek Deficits

Gold was one of the few commodities that recorded gains Thursday. The benchmark contract for the yellow metal edged higher, by+0.29%, to 1127.5. We were impressed to see gold rise in spite of USD's strength yesterday.

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Gold Rose Despite Broad-based Declines in Commodities. Safe-Haven Demand amid Greek Deficits