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DG365FD46564GFH654FU898 Gold futures bounced back from earlier losses on Friday morning, with the COMEX December 2011 contract climbing from an overnight low of $1,675.40 to $1,697.30 per ounce. The rebound in gold futures coincided with a turn higher in the broader commodities complex and the euro as the U.S. dollar weakened against a basket of the world’s leading currencies. Silver futures climbed from an overnight low of $31.01 to $31.77 per ounce this morning, while crude oil jumped from $94.99 to $96.82 per barrel. The euro currency fell to a multi-week low of 1.3214 against the dollar this morning, but rebounded toward the 1.33 level as the greenback retreated.
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