Gold gains as ETF ticks up, holds near 1-1/2-month high

19 August 2010  Reuters

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Gold prices rose toward $1,230 an ounce in Europe on Thursday, close to the previous session's near seven-week high, as concerns over the outlook for economic growth supported investment demand for the precious metal.

http://www.reuters.com/article/ousivMolt/idUSTRE67F05920100819