Daily Gold Update

Source: Marketwatch

San Francisco— Gold futures climbed Friday to finish the week with a gain of more than $12 an ounce as sluggish U.S. employment data helped drive down the dollar and boost demand for gold.

"Gold has been 'stirred, but not shaken' over the turmoil in the world financial markets and investors are waking up once again to its safe haven status," said Peter Grandich, editor of the Grandich Letter, in emailed comments. "With just a few more weeks before we enter a seasonally strong period for gold, the surprise could be how fast we rally to last year's highs around $730." See full story.