Gold prices settled at their highest level in more than a week Monday, as growing tensions between the U.S. and North Korea and declines in the U.S. stock market lifted the metal’s appeal as a safe-haven investment. December gold rose $14, or 1.1%, to settle at $1,311.50 an ounce. That was the highest finish since Sept. 15, according to FactSet data.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News