1
December
Gold rises as dollar falls, closes up 13% in November
1 December 2009 MarketWatch
Gold futures rose Monday, marking one of the best months in 10 years, as continued weakness in the U.S. dollar boosted gold's appeal as a hedge against a weaker currency.
The dollar weakened as concerns eased over Dubai's debt problem, and as upbeat economic data in the Chicago region reduced investors' appetite for the greenback.
December gold futures rose $6.90, or 0.6%, to end at $1,181.10 an ounce on the Comex division of the New York Mercantile Exchange. It had climbed to a record high near $1,188 an ounce last week.
http://www.marketwatch.com/story/gold-edges-lower-but-set-to-rise-13-in-november-2009-11-30
