Gold Futures End Session At a Nearly 6-week High

By Myra P. SaefongMarketsMarketWatch 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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