Paul Lengemann is an economic and political analyst with 37 years of experience in economic, financial and political research. Mr. Lengemann operates FXLiveTV, a foreign exchange information portal. Gold Gold for delivery in December fell 0.5% to $1,316.80 an ounce by 7:45 a.m. on the Comex in New York. Prices reached $1,328.90, the highest since October 8, and rose 3.8%