Gold rises 1.2%; silver sees weekly rally

12 July 2010  MarketWatch

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Gold rose 1.2% Friday as investors found a renewed appetite for the metal after it traded below $1,200 an ounce for three straight sessions.

Gold for August delivery gained $13.70, or 1.2%, to settle at $1,209.80 an ounce on the Comex division of the New York Mercantile Exchange, building on narrower gains earlier in the session.

http://www.marketwatch.com/story/gold-futures-edge-above-1200-an-ounce-2010-07-09?siteid=yhoof