US gold rallies to end above $650/oz on dollar, oil

Newswire

NEW YORK, Nov 30 (Reuters) - Gold futures rallied nearly 2 percent to end above $650 an ounce Thursday as a struggling dollar and strengthening energy prices prompted investors to buy after the metal fell in the previous two sessions. Silver also jumped 2.6 percent to set a six-month high, continuing to outperform gold, helped by technical trading, traders said. Benchmark February gold at the COMEX division of the New York Mercantile Exchange rose $11.10 to settle at $652.90 an ounce, ...

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