Gold rises on safe-haven buying after plan stalls

NEW YORK (MarketWatch) -- Gold futures rose Friday, rallying above $900 an ounce at one point, as investors sought out a safe haven after the proposed $700 billion U.S. government plan to rescue the financial system hit a roadblock. Gold for December delivery ended up $6.50, or 0.7%, at $888.50 an ounce on the Comex division of the New York Mercantile Exchange. Earlier it rose $38.10 to $920.10 in electronic trading. The precious metal ended the week up 2.8%.