Gold higher on Greece limbo

Published November 21, 2012 9:38pm ET



Precious metals advanced Wednesday after the European Union failed to agree on more Greek aid and traders greeted news of a cease-fire between Israel and Hamas militants with skepticism.

Gold for December delivery rose $4.60, or 0.3 percent, to finish at $1,728.20 an ounce. Silver for December delivery gained 42 cents, or 1.3 percent, to end at $33.35 an ounce.

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