NEW YORK: Gold prices surged 3 percent to an all-time high late in New York session Thursday, the biggest one-day rise since early 2009. Silver rose 6 percent to its highest level since 1980, palladium was up 4 percent at a 9-1/2-year peak and platinum reached its strongest price since 2008. Spot gold rose 3.4 percent to a record of $1,393.16 an ounce. It later was up 3.3 percent at $1,391.39 an ounce at 4:19 P.M. EDT (2019 GMT). US gold futures for December delivery settled up $45.50 at $1,383.10, with trading volume at about 250,000 lots.
