Gold surged to a seven-month high on Monday because of investor buying as the dollar weakened, and analysts expect the precious metal to push higher over coming days and weeks.
By 1130 GMT, spot gold was quoted at $670.90/$671.70 an ounce versus $669.00/669.70 an ounce late on Friday in New York. Earlier it hit an intraday peak of $673.20, the highest since July 17 2006 when it traded at a $676 high.
Read more at Reuters South Africa
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