Gold Gains For a Fourth Straight Session

By Myra P. Saefong Markets MarketWatch Pulse

Gold prices climbed Monday for a fourth straight session, settling at their highest level in nearly two weeks on the back of rising tensions over North Korea. Other metals ended mostly higher after China pledged to boost its infrastructure spending. June gold rose $2.30, or 0.2%, to settle at $1,230 an ounce. Prices settled at their highest since May 3, according to FactSet data. Silver and platinum led the percentage gains among the other major metals. July silver rose 1.2% to $16.603 an ounce, while July platinum ended at $928.70 an ounce, up 1.2%.

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