Xinhua News AgencyNovember 29, 2013 17:31
1st LD Writethru: Gold rises on bargain hunting
CHICAGO, Nov. 29 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on bargain hunting Friday, but still ended November with a loss of nearly 6.5 percent, the largest drop since a 12.2-percent decline in June.
Gold has so far dropped more than 25 percent this year.
The most active gold contract for February delivery rose 12.5 dollars, or 1.01 percent, to settle at 1,250.4 dollars per ounce.