Pursuits
Gold Advances to Eight-Week High on Economic Recovery Concerns
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Gold advanced to the highest price in almost eight weeks in New York as concern that the economic recovery is stalling spurred demand.
Stocks in Europe and Asia fell and U.S. equities headed for the fifth straight decline. A government report today showed U.S. manufacturing is slowing. Gold has gained 13 percent this year, touching a record $1,266.50 an ounce in June.