Before Oct. 31, gold had not traded above $800 an ounce since 1980.
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Gold Prices Eased After 5 days of Gains
Gold prices pulled back slightly from 27-year highs Friday
Gold prices pulled back slightly from 27-year highs Friday as some investors paused to cash in profits ahead of the weekend after five straight days of gains.
Gold for December delivery fell $2.80 to settle at $834.70 an ounce on the New York Mercantile Exchange's COMEX division.
Before Oct. 31, gold had not traded above $800 an ounce since 1980.
Before Oct. 31, gold had not traded above $800 an ounce since 1980.
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