Gold Jumps Most in 7 Weeks as Fiscal Cliff Awaits New President

Gold Jumps Most in 7 Weeks as Fiscal Cliff Awaits New President

Chris Ratcliffe/Bloomberg

Gold futures for December delivery rose 1.9 percent to settle at $1,715 an ounce at 1:53 p.m. on the Comex in New York, the biggest gain for a most-active contract since Sept. 13.