Gold prices rose to the highest level since mid-April level after a speech by Fed Chairman Ben Bernanke, who has twisted the intention to take action to support the U.S. economy if needed.
Spot gold price reached during the bidding up to $ 1677.80 per troy ounce, the highest level since April 12.
September futures price of gold on the COMEX is now 1675.30 an ounce.
