NY gold ends sharply higher in light-volume rally

Newswire

NEW YORK, Aug 21 (Reuters) - Gold futures in New York rallied more than 2 percent to end sharply higher on Monday, powered by a jump in copper prices, a weak dollar and a higher oil price. Other precious metals sprinted higher as well, with palladium rising almost 3.3 percent to a 2-1/2-month peak. Benchmark December delivery gold settled up $13.50 at $635.20 an ounce on the New York Mercantile Exchange's COMEX division, after trading from $621.60 to $636.50 -- its priciest since last ...

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