MW: Gold rises to six-month high on safe-haven buying
NEW YORK (MarketWatch) -- Gold futures rose Friday to the highest level in six months as forecasts that the U.S. economy has contracted the most since 1982 increased safe-haven buying. Gold for February delivery was last up $15.80, or 1.8%, at $920.90 an ounce. Earlier it rose to $927.50, the highest since July. Analysts expect government data to show U.S. gross domestic product shrunk 5.5% in the fourth quarter.
