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Gold Climbs to One-Month High as European Debt-Crisis Concern Spurs Demand
Oct. 26, 2011 03:01PM PST
Precious MetalsBloomberg reported that continued worries over a European debt resolution pushed gold prices to their highest in a month.
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.
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