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Gold futures settle at highest in almost 7 years


Tuesday, 7 January 2020 02:04 WIB

GOLD


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Gold futures tallied a ninth straight session gain on Monday, settling at their highest since April 2013, according to FactSet data. The precious metal continued to find support as a haven investment in the wake of last week's U.S. airstrike near Baghdad airport, which killed General Qassem Soleimani, one of Iran's top military commanders.

February gold rose $16.40, or 1.1%, to settle at $1,568.80 an ounce, the highest finish for a most-active contract since April 9, 2013. The ninth consecutive session climb marked the longest streak of gains since the 11-session run ended in January 2018.

Source: Marketwatch


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