Gold futures on Tuesday extended gains, putting the precious metal on pace for its longest win streak in more than four months as skittish investors continued to find appetite for gold following a rout for technology stocks on Monday.

Gold for August delivery on Comex gained $4.10, or 0.3%, to $1,331.90 an ounce, with a settlement at that level representing bullion’s highest for the most-active contract since Feb. 22, according to FactSet data. Futures for the yellow metal are on pace for a fifth straight advance, which would match a similar streak ended Jan. 31.

July silver meanwhile, slipped 3 cents, or 0.2%, to $14.710 an ounce, after rising 1.2% on Monday.

Source : MarketWatch