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Gold Gains to 2-Month High on ETP Holdings, Syria Tension

Gold climbed to the highest since May as political tension over Syria increased demand for the precious metal as a store of value.

U.S. Secretary of State John Kerry said Syria will be held accountable for using chemical weapons. Gold has rebounded 20 percent from a 34-month low of $1,179.40 an ounce in June as lower prices boosted demand for jewelry, coins and bars.