Summary Box: Gold rises on bargain hunting

AP News

10/5/2011 4:31:58 PM - AP News

GOLD RISES: Gold for December delivery rose $25.60, or 1.6 percent, to $1,641.60 an ounce. December silver gained 51.3 cents, or 1.7 percent, to close at $30.352.

BARGAIN HUNTING: Gold hit a high of $1,891.90 an ounce on Aug. 22 and has fallen since then, making it a bargain for investors who think the economic uncertainty will continue.

CROPS RISE: December wheat gained 21.25 cents to finish at $6.2525 per bushel, December corn was up 17.75 cents to finish at $6.055 per bushel and November soybeans gained 3.75 cents to $11.6375 per bushel.