Gold Climbs for Second Day as European Debt-Crisis Concern Stokes Demand

Bloomberg reported that gold prices rose for the second consecutive session as traders sought an investment haven.

As quoted in the market news:

Gold futures for December delivery gained 1.1 percent to $1,654.40 an ounce at 9:49 a.m. on the Comex in New York. On Oct. 21, the precious metal jumped 1.4 percent.

Click here to read the full Bloomberg report.