Gold futures settle at their highest in nearly 2 weeks
Gold futures climbed Monday, with prices finding support from a decline in Treasury yields to mark the highest settlement for a most-active contract since March 2, FactSet data show. Prices also notched their fourth gain in five sessions. Investors await the outcome of the Federal Reserve’s Open Market Committee meeting for further cues on gold's outlook. The meeting begins Tuesday and ends with a statement on monetary policy Wednesday. April gold rose $9.40, or nearly 0.6%, to settle at $1,729.20 an ounce.
Gold fates climbed Monday, with costs discovering support from a decrease in Treasury respects mark the most noteworthy settlement for a most-dynamic agreement since March 2, FactSet information show. Costs additionally indented their fourth increase in five meetings. Financial backers anticipate the result of the Federal Reserve's Open Market Committee meeting for additional signs on gold's viewpoint. The gathering starts Tuesday and finishes with an assertion on financial approach Wednesday. April gold rose $9.40, or almost 0.6%, to settle at $1,729.20 an ounce.