Gold Price Spikes to 4-Month High as Fear and Paranoia Grip Markets
Gold peaks at $1,554.00/oz., the highest since early September. Dismal economic data and Mideast tensions drive demand for safe havens. Dow Jones plunges triple digits, more than halving Thursday’s impressive rally. The price of gold extended its New Year rally on Friday, reaching its highest level in four months on the back of dismal economic…