30
June
Gold Set for Biggest Quarterly Gain Since 2007 on Europe Woes
30 June 2010 Business Week
Gold is headed for its biggest quarterly advance since the final three months of 2007 as Europe’s sovereign-debt crisis and concern over the economic recovery fuel investment demand for safer assets.
Gold for immediate delivery rose 0.2 percent to $1,242.75 an ounce at 12:14 p.m. in Singapore. The metal has gained 11.6 percent this quarter. August-delivery futures were little changed at $1,243.40 an ounce.
