MW: Gold rises first day in three as slump draws buyers
By Moming Zhou
NEW YORK (MarketWatch) -- Gold futures rose Monday for the first session in three days, as investors snapped up the precious metal after its biggest monthly loss in 25 years. Gold for December delivery rose $14.30, or 2%, to $732.50 an ounce in early electronic trading. Gold slumped 18% in October, the biggest percentage loss since February 1983.