BY MATT WHITTAKER
Gold futures reached the loftiest point in nearly three months Wednesday as the U.S. dollar slid, prices moved above important technical-chart levels and participants bought the metal in a flight-to-quality bid on economic uncertainty and concerns about the equities market.
December gold gained $22, or more than 2.3%, to settle at $978.50 an ounce on the Comex division of the New York Mercantile Exchange. The contract hit $981.40, its highest point since June 5.
Gold Regains Safety-Play Shine - WSJ.com
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_a.png?x-id=88f2d307-a141-4f1a-988d-b793395d3d82)
