US gold hits 2-1/2-week high on safe-haven bids

Newswire

NEW YORK, Nov 30 (Reuters) - U.S. gold futures rose 1.5 percent on Tuesday to their highest in nearly three weeks, as a sharp decline in the euro amid worries over a European debt crisis prompted safe-haven buying. U.S. December gold futures gained $17.50, or 1.3 percent, to $1,383.50 on the COMEX division of the NYMEX. Shortly after the start of the open-outcry session, December set a high of $1,386.30 which marked the loftiest level since Nov. 12. (Reporting by Frank Tang; Editing by ...

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