Gold Climbs to One-Month High as European Debt-Crisis Concern Spurs Demand

Bloomberg reported that continued worries over a European debt resolution pushed gold prices to their highest in a month.

As quoted in the market news:

Gold futures for December delivery gained 1.4 percent to settle at $1,723.50 an ounce at 1:41 p.m. on the Comex in New York, after earlier climbing to $1,728, the highest since Sept. 23. The four-session rally is the longest since Aug. 22.

Click here to read the full Bloomberg report.