Gold gains 2 percent on oil, technical rebound
SINGAPORE, Oct 14 (Reuters) - Gold rose more than 2 percenton Tuesday as rising oil prices boosted its appeal as a hedgeagainst inflation, but a rally in stock markets could also capgains. Gold <XAU=> was trading at $845.00 an ounce, up $14.20 fromNew York notional close, having hit an intraday high of $847.70an ounce. It had dropped to $821 an ounce on Monday, itsweakest since Oct. 3....
10/14/2008 2:00:54 AM
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