Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory.
August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the precious metal on track for the highest settlement for a most-active contract since May 10, 2013, according to FactSet. Gold rose 1.3% to settle at $1,418.20 on Tuesday, for the strongest settlement for a most-active close since August 28, 2013, according to FactSet. The metal gained 4.1% last week.
July silver rose 6 cents, or 0.4%, to $15.44 an ounce after gaining 3.3% last week.
July copper added 0.4% to $2.717 a pound. July platinum rose was flat at $811.90 an ounce, while September palladium fell 0.3% to $1,524.50.
Source : Market Watch