07.10.2008 - Gold jumps on 'safe-haven' buying
From Theaustralian.news.com.au: Gold rose sharply in New York as worries about the global financial system continued and sent global equities sharply lower. "It's capitalising on its safe-haven credentials," said Bart Melek, global commodity strategist with BMO Capital Markets. December gold rose $US33 to settle at $US866.20 an ounce on the Comex division of the New York Mercantile Exchange. It was one of the few commodities to rise, as most - including silver - fell on worries about economic prospects...... Full Article: Source
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