Safe-haven buying sent gold futures to two-month highs as the U.S. dollar weakened after government reports showed declining industrial production and a shunning by foreign investors of all types of U.S. assets except for Treasury debt.
Most-active February gold rose $16, or nearly 2%, to settle at $836.50 an ounce on the Comex division of the New York Mercantile Exchange. The contract hit $843.70, its highest point since Oct. 16.
Gold futures gained on a weaker dollar.
SBS has excellent proven resources and they will not left in the ground, bec. BarrickGold is behind SBS.
15% up today and excellent move on the SBS station.
Safe-haven buying sent gold futures to two-month highs as the...
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