MW: Gold rises for fifth day on falling dollar, GDP data
By Moming Zhou
NEW YORK (MarketWatch) - Gold futures erased earlier losses Tuesday, rising for a fifth straight session as the falling U.S. dollar raised the metal's appeal as an alternative investment and as new GDP data increased economic worries. Gold for December delivery gained $9.20, or 1.1%, to $828.70 an ounce on the Comex division of the New York Mercantile Exchange. It fell to as low as $803 in overnight electronic trading.
