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Gold jumps over 2 pct on oil, Hamas-Israel violence

Sun Dec 28, 2008 7:34pm EST
 
 SINGAPORE, Dec 29 (Reuters) - Gold rose more than 2 percent
to its strongest since early October on Monday, as oil gained
on fears of supply disruptions after violence flared between
Israel and Hamas.
 By 0025 GMT, gold XAU= was trading at $887.95 an ounce,
up $21.15 from New York's notional close, having hit an
intraday high of $889.00 on Monday on safe-haven buying.
 (Reporting by Lewa Pardomuan; Editing by Anshuman Daga)



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