Gold at record on debt limit, Greece downgrade

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Gold at record on debt limit, Greece downgrade
SAN FRANCISCO (MarketWatch) -- Gold futures settled at a record Monday on twin concerns about whether U.S. lawmakers will agree to raising the U.S. debt ceiling and a further downgrade for Greece's debt. Gold for August delivery added $10.70, or 0.7%, to end at $1,612.20 an ounce on the Comex division of the New York Mercantile Exchange. September silver rose 24 cents, or 0.6%, to finish at $40.36 an ounce.
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