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    gold investing

    Gold Posts Biggest Gain in 6 Weeks on Europe Hopes

    Investing News Network
    Oct. 14, 2011 05:24PM PST
    Precious Metals

    Reuters reported that gold rallied today, rising the most in six weeks.

    Reuters reported that gold rallied today, rising the most in six weeks.

    As quoted in the market news:

    Spot gold was up 0.9 percent at $1,680.39 an ounce by 2:29 p.m. EDT. The metal rose 2.5 percent for the week for a second weekly gain. The S&P 500 was on track to rise over 5 percent, while the dollar index DXY lost almost 3 percent. U.S. gold futures for December delivery settled up $14.50 at $1,683 an ounce.

    Click here to read the full Reuters report.

    gold investing
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