Gold dips below $4,000 an ounce during stock sell-off, then pares losses

Gold fell below $4,000 a troy ounce Friday, touching $3,986.50 before recovering some ground, the Financial Times reported. Bloomberg said bullion reached its lowest level since mid-July as stocks sold off and investors sought safety in US bonds. The FT put gold down 3.3% for the week at reporting time, but did not give a Friday closing price.