Gold for December delivery was adding $3.10 to $1,749.40 an ounce at the Comex division of the New York Mercantile Exchange. The gold price traded as high as $1,755 and as low as $1,744 an ounce, while the spot price was losing 70 cents, according to Kitco's gold index.
"Some minor positives from Germany relating to Spain and also their retention of investment grade for Spanish bonds helped gold somewhat," George Gero, precious metals strategist at RBC Wealth Management, wrote in a note.
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