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Gold rises for a third day

FXStreet (Córdoba) - Gold prices rose for a third consecutive day Thursday recovering from 2-month lows, ahead of a string of US data, including the Q2 GDP revision.

Gold for December delivery was up 0.55% to $1,290.10 an ounce, having reached a 1-week high of $1,294.40/oz in recent dealings.

The yellow metal has managed to recover after hitting a low of $1,273 on Aug 21, as month-end flows took their toll on the greenback.

The second estimate of US Q2 GDP is the highlight today, but initial weekly jobless claims and pending home sales are both on tap

As for silver, the gray metal was trading at $19.74, recording a 1.70% gain on the day.

Italy 5-y Bond Auction down to 1.1% from previous 1.2%

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