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Gold Prices Rise With Silver as Concern on Greek Standoff Mounts

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Gold and silver futures rose for the first time in three sessions as a dispute between Greece’s prime minister and international lenders escalated, boosting demand for the precious metals as a haven.

Greece’s bonds and stocks fell as Prime Minister Alexis Tsipras showed little sign of backing down in a standoff with creditors as he began three days of debates on his government’s policy plans. In January, gold rose 8 percent, partly on European economic concerns.