Gold Futures End The Session At a Nearly Two-week High

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures finished higher Tuesday, marking their loftiest settlement in almost two weeks as strength in the British pound helped the U.S. dollar ease back from recent multimonth highs. Strength in the greenback often pressures dollar-denominated prices for the precious metal. December delivery settled at $1,262.90 an ounce, up $6.30, or 0.5%. That was the highest finish since Oct. 5, according to FactSet data.

Copyright © 2016 MarketWatch, Inc.

Continue Reading Below