Adam Sarhan Reuters Quote: Gold rallies late as risk rout revives haven bid

Adam Sarhan Reuters Quote: Gold rallies late as risk rout revives haven bid

By Frank Tang NEW YORK | Wed May 30, 2012 4:59pm EDT (Reuters) – Gold staged a dramatic mid-session turn-around in heavy trade on Wednesday, rebounding more than $30 an ounce as a deepening sell-off in riskier assets rekindled safe-haven demand and technical bids kicked in at a key support level. The abrupt reversal at mid-morning prevented gold…