Gold Recovered From Tuesday Lows

Gold futures rallied on Wednesday as a weak dollar versus the euro gave way to a rise in gold prices.

December gold contract reached a $438.80 session high, gaining $2.60 on the Comex division of the New York Mercantile Exchange.


Wednesday's U.S. economic data also helped to boost gold futures which
followed the bond market higher, said George Gero of Legg Mason Wood Walker.