Gold up as floor trade reopens, logs October loss
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Posted On: 10/31/2012 9:12:15 PM
Gold up as floor trade reopens, logs October loss
LOS ANGELES (MarketWatch) — Gold futures rose Wednesday, but notched a loss for October to mark the metal’s first monthly decline since May. Gold for December delivery (CNS:GCZ2) rose $7, or 0.4%, to $1,719.10 an ounce on the Comex division of the New York Mercantile Exchange. Nymex floor trading resumed Wednesday after two days of closures because of the hard-hitting storm Sandy. Gold fell more than 3% in October, snapping four consecutive months of gains, according to FactSet data.
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