Gold Moves Higher, Seen as Safe-Haven Play


25/06/2012 21:58 AST  The Street
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Gold prices were higher Monday as gold offered a haven for investors amid sluggish U.S. economic indicators.

Gold for August delivery was rising $5.60 at $1,572.50 an ounce at the Comex division of the New York Mercantile Exchange. The gold price traded as high as $1,577.30 and as low as $1,566.90 during the session, while the spot price declined 70 cents, according to Kitco.com.

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