Commodity Online
SINGAPORE : Weaker dollar along with oil rally helped gold prices advanced for the second day in Asia as the situation boosted demand for bullion as an inflation hedge.

Gold for immediate delivery rose for the second day, gaining as much as 2.2% to $752.99 an ounce and trading at $748.81 an ounce at 12:37 p.m. in Singapore.

Silver for immediate delivery was 1.8% higher at $10.24 an ounce.
Copper for delivery in three months on the London Metal Exchange climbed for the first day in four to $4,040.00 a metric ton, and stood at $4,039 a ton at 10:17 a.m. Singapore time.

December-delivery gold rallied 2.1% at $749.30 an ounce in after-hours electronic trading on the Comex division of the New York Mercantile Exchange.

Gold for October delivery in Tokyo jumped 2.6% at 2,387 yen a gram ($749 an ounce) at 10:27am Tokyo time.