Gold futures surged sharply Friday along with crude oil futures
Gold and silver futures surged sharply Friday along with crude-oil futures
after a foiled terrorist suicide-bombing attack against a Saudi Arabian oil
facility, analysts said, Dow Jones reported. Short covering and fund buying were reported.
April gold settled $10.30 higher at $561.20 an ounce, while May silver rose
26.9 cents to $9.825. Gold steadily gained ground throughout the day, while
silver was higher and then suddenly extend its gains on speculative buying just
before the final bell, floor traders reported.