Friday, November 21, 2008
Gold surges to top $800 on safe-haven buying
Gold surges to top $800 on safe-haven buying November 21st, 2008 NEW YORK (MarketWatch) — Gold futures surged Friday, briefly topping $800 an ounce for the first time in more than a month, as wary investors returned to the safety of the precious metal. Gold for December delivery rallied $43.10, or 5.8%, to end at $791.80 an ounce on the Comex division of the New York Mercantile Exchange. It jumped 7.1% to $801.90 earlier, rising to above $800 for the first time since Oct. 16. The benchmark
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