Tuesday, 22 December 2015

Gold posts highest settlement in about 2 weeks

Gold futures marked their highest settlement in about two weeks as some softness in the dollar and a lack of any significant economic data offered the metal a lift.

February gold GCG6, -0.23%  rose $15.60, or 1.5%, to settle at $1,080.60 an ounce. That marks gold’s highest settlement since Dec. 4, when gold prices closed at $1,084.10 an ounce.

Gold is attempting to snap a streak of consecutive weekly declines in a holiday-shortened week that closes early Thursday and is capped by Christmas, when most global markets will be closed.

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