Gold prices surged on Friday, shaking off a losing session as investors, wary of growing economic troubles around the globe, sought exposure to the perceived safe-haven asset. August gold GCQ20, +1.29% climbed by $28.20, or 1.5%, to $1,970.50 an ounce, after dropping $11.10 to settle at $1,942.30 an ounce on Thursday. Gold settled at a record on Wednesday, marking its ninth-straight advance, which was its longest win streak since a 10-session climb ended in January. December gold GCZ20, 1.20% GC00, 2.47%, which is now the most-active contract, climbed $27.6, or 1.4%, to $1,994.20 an ounce. September silver SIU20, ... (full story)