12-02-2016 21:23 via news.yahoo.com

Gold heads for best week in four years on safe-haven appeal

By Susan Fenton LONDON (Reuters) - Gold eased on Friday after soaring 4 percent the previous day, but was still set for its best week in four years, lifted by stock market turmoil that has sent investors rushing for safe haven assets. Spot gold was down 1 percent at $1,234.30 an ounce by 1423 GMT, but has still risen more than 5 percent this week, the biggest weekly gain since October 2011. The precious metal has benefited, along with bonds and the Japanese yen , from a rush to safety as investo
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