Bullionguru’s,”Gold continues to gain ground on strong data, weak dollar”

© Reuters. Gold prices climbed in Asia on Tuesday.

Gold continue to gain ground on Tuesday in Asia a day after China reported strong second quarter GDP, industrial output and retail sales figures for June with industrial metal demand for housing and property development also in focus.

Gold futures for August delivery rose 0.27% to $1,236.07 on the Comex division of the New York Mercantile Exchange. Copper future on the Comex were flat at $2.726 a pound.

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