Gold stays near 2-1/2-month high as risk aversion lends support

Gold stays near 2-1/2-month high as risk aversion lends support

Gold stays near 2-1/2-month high as risk aversion lends support Gold touched $1,233.26 on Monday, its highest since July 26, as global stocks slid on rising tensions between Western powers and Saudi Arabia and concerns over the pace of global economic growth. Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses.