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Gold hits 3-mth peak as investors take cover from Middle East risks

Gold hits 3-mth peak as investors take cover from Middle East risks

Oct 20 (Reuters) - Gold climbed to a three-month peak on Friday, en route to a second straight weekly rise, as fears of a further escalation in the Middle East conflict bolstered safe-haven demand.

Spot gold was up 0.4% at $1,980.80 per ounce by 1143 GMT, after hitting its highest since July 20. U.S. gold futures added 0.6% to $1,992.50...[LINK]

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