Gold futures end moderately higher Thursday, following the Bank of England's decision to cut interest rates for the first time since 2009 and unveil a batch of measures aimed at stimulating the country's economy in the wake of the U.K. vote to exit the European Union. December gold rose $2.70, or 0.2%, to close at $1,367.40 an ounce. The BOE's rate cut, and easing measures unfurled by the Bank of Japan earlier in the week, are being viewed as supportive to the long-term outlook for gold prices.
Continue Reading Below
Copyright © 2016 MarketWatch, Inc.