Gold Advances for First Time in Four Days on European Sovereign-Debt Woes

``Gold gained for the first time in four days in New York as concern about Greece's debt crisis spurred demand for the metal as a protection of wealth. European Central Bank Executive Board member Juergen Stark said in an interview with Die Welt newspaper that he doesn't expect the international community to finance Greece further after July if the country doesn't implement its austerity plan. Gold touched $1,490.80 an ounce yesterday, the lowest level since May 20. '' -- What took it so long, I wonder?