07-07-2016 09:08 via news.yahoo.com

Gold extends gains even as Asian shares bounce back

By Sethuraman N R BENGALURU (Reuters) - Gold rose for a seventh straight session on Thursday after touching its highest in more than two years in the previous session, with investors still seeking safe-haven assets even as stock markets bounced back in Asian trade. Wall Street got a boost from Institute for Supply Management data showing U.S. service sector activity hit a seven-month high in June as new orders surged and companies hired more workers. Spot gold, which touched its highest since Ma
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