Gold futures touch highs above $1,800 an ounce

Gold futures rose Thursday, touching intraday highs above the psychologically important $1,800 mark and recouping some of the losses suffered in the previous session. Investors await a speech from Federal Reserve Chairman Jerome Powell at the Jackson Hole symposium Friday for hints on the timing of the central bank's plan to scale back crisis-era monetary policy accommodations. December gold rose $4.20, or 0.2%, to settle at $1,795.20 an ounce after losing 1% Wednesday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Gold futures touch highs above $1,800 an ounce
Gold futures rose Thursday, touching intraday highs above the psychologically important $1,800 mark and recouping some of the losses suffered in the previous session. Investors await a speech from Federal Reserve Chairman Jerome Powell at the Jackson Hole symposium Friday for hints on the timing of the central bank's plan to scale back crisis-era monetary policy accommodations. December gold rose $4.20, or 0.2%, to settle at $1,795.20 an ounce after losing 1% Wednesday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.