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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold Prices Settle Higher Amid Flight to Quality

Posted on 08 April 2016

Gold prices settled higher in U.S. trading Thursday amid a broader flight to quality, as investors bet the Federal Reserve would be cautious on raising interest rates given uncertainty about global economic growth.
Gold futures for June delivery, the most actively traded contract, rose 1.1% to settle at $1,237.50 a troy ounce on the Comex division of the New York Mercantile Exchange. Thursday’s action adds to a robust start to the year for gold futures, which are up some 17% so far………………………………………..Full Article: Source


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