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Gold Pops After Factory Data

Stock quotes in this article: GFI , EGO , IAU , GLD , X , AL  

Updated from 11:52 a.m. EST

Gold broke higher Wednesday after news of softness in the manufacturing sector combined with worries about terrorism and North Korea's atomic program to sink the dollar.

Contracts for April delivery of bullion closed up $7.70 at $657.90 an ounce on the Comex division on the New York Mercantile Exchange. Prices reached an intraday high of $660.30 before partially retracing.

The exchanged traded funds that hold the metal, streetTracks Gold Shares(GLD Quote) and iShares Comex Gold Trust(IAU Quote), both gained about 0.8%. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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