By Barbara Kollmeyer
MADRID (MarketWatch) -- The price of gold jumped over $10 on Thursday as European Central Bank President Mario Draghi delivered some fighting words over the euro and the single currency shot up against the dollar. Gold for September delivery GCQ2 +0.67% rose $10.70 to $1,618.80 an ounce, as the euro surged to $1.2263 versus the dollar, versus $1.2152 in late North American trade Wednesday. "Within our mandate, the ECB is ready to do whateve it takes to preserve the euro. And believe me, it will be enough," said Draghi, according to Reuters. The comments drove a rally for Europe stocks, U.S. futures and pushed peripheral bond yields sharply lower. September silver futures SIU2 +0.74% rose 23 cents to $27.70 an ounce.
