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Article: INDIA BUY PUSHES UP GOLD PRICE.(BUSINESS)

Article from:
The Wisconsin State Journal (Madison, WI)
Article date:
November 4, 2009
Copyright

Byline: State Journal staff, wire services

COMMODITIES

Gold surged to a record high Tuesday on news that India's central bank bought $6.7 billion worth of gold from the International Monetary Fund. December gold jumped as high as $1,087, before settling up $30.90, or 2.9 percent, at $1,084.90 an ounce on the New York Mercantile Exchange. Prices are now up 22.7 percent for the year. December silver soared 74 cents to $17.18 an ounce. December copper rose 1.1 cents to $2.956 a pound.

December wheat futures rose 1 cent to $5.1575 a bushel on the Chicago Board of Trade. Corn for December delivery rose 7.75 cents to $3.09 a bushel. January soybeans ...

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