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Gold futures up a fourth straight session to mark another finish at the highest since 2011

Thursday, 9 July 2020 01:11 WIB GOLD EMAS

Gold futures climbed for a fourth straight session on Wednesday to mark another finish at their highest since September 2011. The move for gold above $1,800 is not surprising given "so many positive price drivers in its favor, with the key player being negative real rates," said Peter Spina, president and chief executive officer at GoldSeek.com. He does not expect to see a meaningful pullback in gold until it breaks past $2,000. On Wednesday, August gold rose $10.70, or 0.6%, to settle at $1,820.60 an ounce. That was the highest settlement since Sept. 14, 2011, based on the most-active contracts, according to FactSet data. Source: Marketwatch

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