Gold rises on U.S. banking sector turbulence

CHICAGO, March 10 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday on turbulence in the U.S. banking sector.

The most active gold contract for April delivery rose 32.60 U.S. dollars, or 1.78 percent, to close at 1,867.20 dollars per ounce.

The California Department of Financial Protection and Innovation and the Federal Deposit Insurance Corporation closed S