Gold Futures End Session At a Nearly 6-week High

By Myra P. Saefong Markets MarketWatch Pulse

Gold futures climbed Monday to end at their highest level in almost six weeks. Uncertainty surrounding the pace of the Federal Reserve's interest-rate increases contributed to the weakness in the U.S. dollar, providing support for gold, which is traded in the greenback. February gold tacked on $11.50, or about 1%, to settle at $1,184.90 an ounce. That was the highest finish since Nov. 29, according to FactSet data.

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