Gold Futures Advance in New York as Europe Crisis Spurs Investor Demand

Bloomberg reported that European debt concerns boosted gold prices for a second consecutive day.

As quoted in the market news:

Gold futures for December delivery rose 0.2 percent to $1,795.40 an ounce at 11:06 a.m. on the Comex in New York. Prices reached $1,799.90 yesterday, the highest since Sept. 21.

Click here to read the full Bloomberg report.