Gold futures surged to their highest levels of the year in New York Thursday, fueled by momentum-based and fund buying, traders and analysts said.
December gold on the Comex division of the New York Mercantile Exchange
settled up $5.60 at $459.30 an ounce. The contract peaked at $459.70, its
strongest level since early December.
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US Gold Surged To Fresh High
Gold futures surged to their highest levels of the year in New York Thursday