12-02-2016 01:59 via rocketnews.com

Gold eyes best week in four years as market turmoil boosts haven appeal

SINGAPORE (Reuters) – Gold on Friday clung to sharp overnight gains that pushed the metal to a one-year high, and looked set to post its best week in over four years as stock market turmoil stoked safe haven demand. Stock markets fell worldwide on Thursday on fears over the health of the global economy and the banking sector, with MSCI’s global stock index closing more than 20 percent below its all-time high. [MKTS/GLOB] Safe-haven assets shone across the board. U.S. 10-year Treasury
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