MW; Gold hits seven-month high on safe-haven buying
Gold futures rose Wednesday for a second session, climbing above $945 an ounce to the highest level in nearly seven months as investors continued to buy the metal amid doubts on new economic rescue plans unveiled in the U.S. Gold for February delivery was last up $30.20, or 3.3%, at $943.90 an ounce on the Comex division of the New York Mercantile Exchange. It rose to $945 earlier, the loftiest intraday level for a front-month contract since July. Trading more actively, the April contract rose 3.2% to $943.20 an ounce.
