Gold price surges close to 1,000 dollars per ounce
Gold prices sparkled this week, surging close to 1,000 dollars per ounce for the first time in about a year as investors sought a safe haven from turmoil on world stock markets, analysts said.
Gold hovered around $1,580 an ounce on Friday, ahead of the release of a key US job market report, after recent upbeat data boosted confidence in the economy and turned many investors away from the safe-haven metal.