ZOID RESEARCH 24-JUNE-2014 : GOLD

Spot gold prices continued its positive run on Monday on weak US equities and increasing violence in Iraq. The metal hovered near its two-month high of $1,321.90 after posting its biggest weekly gain in three months last week. The yellow metal extended last week's 3 percent gain as Iran's supreme leader accused the United States on Sunday of trying to retake control of Iraq by exploiting sectarian rivalries, as Sunni insurgents drove toward Baghdad from new strongholds along the Syrian border

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