Gold Prices Settle At Highest Level Of The Month

By Myra P. Saefong Markets MarketWatch Pulse

Gold prices rallied Wednesday to tally a sixth straight session of gains. The U.S. dollar and equities took a hit as political uncertainty surrounded the Trump administration, prompting investors to take refuge in the perceived safety of gold. June gold rose $22.30, or 1.8%, to settle at $1,258.70 an ounce. Prices settled at their highest since April 28, according to FactSet data.

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