Gold Rallies Back Above $1,800, HUI Climbs 1.1%

Gold reclaimed the $1,800 per ounce level Friday afternoon as the majority of the commodities complex rebounded from earlier weakness.

COMEX gold futures, per the December contract, initially slid toward $1,765 following release of Ben Bernanke’s speech after the Fed Chairman did not make any mention of QE3.
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