Gold futures settled above $1,300 an ounce Wednesday for the first time in nearly two weeks. The haven metal has found support from worries of a disorderly exit by the U.K. from the European Union before the March 29 deadline to formally leave Europe's trade bloc.
April gold climbed by $11.20, or 0.9%, to settle at $1,309.30 an ounce on Comex. That was the highest finish for a most-active contract since Feb. 28, according to FactSet data.
Source : Marketwatch