The price of gold rose more than 11 percent in the second quarter, as safe-haven demand lifted the metal to its best quarterly performance since the fourth quarter of 2007.
Spot gold was at $1,242.60 an ounce at 2:26 p.m. EDT, against $1,238.00 late in New York on Tuesday. U.S. gold futures for August delivery settled up $3.50 at $1245.90 an ounce.