BLBG: Gold Futures Extend Rally to Five-Month High in New York
By Patrick McKiernan
May 3 (Bloomberg) -- Gold extended a rally to a five-month high in New York. Futures for June delivery rose $5.80, or 0.5 percent, to $1,186.50 an ounce at 9:57 a.m. on the Comex in New York. Earlier, the price reached $1,186.90, the highest level for a most-active contract since Dec. 4.