Gold capped the longest rally since August as weaker global economies and slumping U.S. equities revived demand for the metal as a haven asset.
More than $970 million has been added to the value of global exchange-traded products backed by bullion this month. The metal has fallen back in favor after Federal Reserve officials indicated weaker foreign expansion posed a risk to the U.S. outlook. American retail sales dropped more than forecast in September, government figures showed today.
