Xinhua News AgencyDecember 4, 2013 16:46
1st LD Writethru: Gold futures rise on short-covering
CHICAGO, Dec. 4 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange gained more than 2 percent on Wednesday, recouping much of the loss in the past two sessions.
The most active gold contract for February delivery rose 26.4 U. S. dollars, or 2.16 percent, to settle at 1,247.2 dollars per ounce. Statistics show gold had suffered a loss of 2.4 percent, or nearly 30 dollars an ounce, over the past two trading sessions.