Gold Prices Rise for Eighth Consecutive Session

Mining Weekly reported that gold prices increased for the most consecutive days since July 2011.

As quoted in the market news:

Gold hit an intraday high of $1,630.59 an ounce and was steady at $1,627.95 an ounce by 0300 GMT. Gold rallied to a record of around $1,920 in 2011, when investors turned to the metal as a safe haven during the debt crisis in Europe.

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