Gold futures settle at a nearly five-week high S
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Posted On: 10/22/2013 8:57:06 PM
Gold futures settle at a nearly five-week high
SAN FRANCISCO (MarketWatch) — Gold futures closed sharply higher on Tuesday, at their highest in almost five weeks, with a weaker dollar and disappointing September U.S. jobs report boosting the metal’s investment appeal. December gold (CNS:GCZ3) rallied $26.80, or 2%, to settle at $1,342.60 an ounce on the Comex division of the New York Mercantile Exchange. Prices finished at their highest since Sept. 19, according to FactSet data.
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