Published March 19, 2015 2:00pm EDT | Updated May 21, 2015 1:26pm EDT

Gold Climbs To a Two-week High Near $1,170

Gold futures climbed Thursday to their highest settlement price since March 5 after the Federal Reserve indicated that interest-rate increases would come at a gradual pace. April gold rose $17.70, or 1.5%, to settle at $1,169 an ounce on Comex.