Gold rises as geopolitical tension in Middle East escalates

CHICAGO, Oct. 13 (Xinhua) — Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as geopolitical tension in the Middle East escalates. The most active gold contract for December delivery rose 58.50 U.S. dollars, or 3.11 percent, to close at 1,941.50 dollars per ounce.…Read More