Gold futures on the COMEX Division of the New York Mercantile Exchange continued to climb on Thursday, benefited from the weaker dollar and a reemergence of physical demand.
Gold, which surged to a record in June, is headed for the biggest monthly decline this year as evidence of a global economic recovery saps investors' demand for the metal as a store of value.
LONDON a ' Gold prices firmed in Europe on Thursday as some Asian buyers were tempted back to the market by the precious metal's fall to three-month lows.
Spot gold was bid at $1,164.10 an ounce at 1514 GMT, against $1,162.55 late in New York on Wednesday, recovering from a three-month low of $1,156.90 reached that day.
U.S. gold futures ended higher Thursday on economic uncertainty over comments by a top Federal Reserve official, but a sharp outflow in the world's largest gold exchange traded fund signaled near-term price weakness.
Oil prices rose Thursday as better-than-expected earnings from Exxon Mobil Corp, Southwest Airlines Co and others bolstered hope for an improving economy.
