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Gold Climbs to Three-Week High as Europe’s Debt Crisis Spurs Haven Demand
Oct. 17, 2011 09:20AM PST
Precious Metals InvestingBloomberg reported that gold rose the most in three weeks over concerns about European debt.
Bloomberg reported that gold rose the most in three weeks over concerns about European debt.
As quoted in the market news:
Gold futures for December delivery rose 0.3 percent to $1,688.10 at 9:32 a.m. on the Comex in New York. Earlier, the price touched $1,696.80, the highest since Sept. 23. Bullion gained 2.9 percent last week, the most in more than a month.
