Gold futures top $1,100/oz for first time

Sat, Nov 7 12:44 AM

Enlarge Photo Gold bars are pictured at the Ginza Tanaka store in Tokyo in this October 23,... Slideshow: World in pictures: November 06

Gold futures in New York rose to a record above $1,100 per ounce on Friday as the dollar eased in the wake of disappointing U.S. employment data.

At 9:48 a.m. EST (1448 GMT) December gold was up $10.20 at $1,099.50 an ounce at the COMEX division of the New York Mercantile Exchange, having topped at $1,101.90 in morning trade.

Spot gold reached a record at $1,100.90 per ounce.

(Reporting by Alden Bentley)

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