8
September
Gold rises on bank scare; holds near 2-month high
8 September 2010 Reuters

Gold gained on Wednesday, within sight of a 2-month high hit the previous day, as global stocks tumbled and the euro slipped on renewed fears about the health of the global economy. Gold, which is also a few dollars away from a lifetime high of around $1,264 an ounce struck in June, is on track for its tenth annual gain -- its longest run of yearly increases in more than 40 years.