May 25, 2002	Saturday	Rabi-ul-Awwal 12,1423

LONDON, May 24: Safe-haven gold was sent to its highest level in more than 2-1/2 years on Friday, lifted by fears of war between India and Pakistan and renewed violence in the Mid-East.

Spot gold ended in London at $321.50/322.25 an ounce, up from its previous closing European level of $317.40/317.90.

This crowned a 15 per cent rise since the start of the year.

The precious metal was also set or “fixed” in the final London fixing session of the week at $320.95 an ounce, its highest level since October 14, 1999.—Reuters