Read Time:27 Second
Gold futures ended higher on Monday to recoup a portion of the 1.6% loss they suffered last week. Prices for the precious metal got a boost from the “ongoing worries about problematic price inflation that will likely get worse before it gets better,” said Jim Wyckoff, senior analyst at Kitco.com. June gold rose $10.30, or 0.5%, to settle at $1,934 an ounce.
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.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
