Gold Ends Mixed, Hits 4-Week High; Gains Pared by Firmer U.S. Dollar, Lower Oil

(Kitco News) - Gold futures prices ended the U.S. day session with moderate gains and hit a five-week high on safe-haven demand Wednesday. A litany of worries has injected serious fear into the market place, highlighted by plunging world stock markets. December Comex gold was last up $8.10 at $1,242.40 an ounce. Spot gold was last quoted up $10.00 at $1,242.75. December Comex silver last traded up $0.027 at $17.43 an ounce.