Gold Rises on Haven Demand; Boehner Backs Obama on Syria
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Gold futures rose for the first time in a week on demand for a haven asset as U.S. President Barack Obama won support from leaders in Congress for a military strike on Syria.
“I’m going to support the president’s call for action,” House Speaker John Boehner said today. Obama is seeking congressional approval for action against Syria for what his administration says was a sarin gas attack last month by the government in Damascus against its people.