Gold for August delivery rose $11, or 0.9%, to $1,259.70 an ounce in recent Friday action. It earlier rose as high as $1,260.90 an ounce.
On Thursday, the August contract gained 1.5% to settle at $1,248.70 an ounce on the Comex division of the New York Mercantile Exchange, leaving its June 8 record close of $1,245.60 in the dust.
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