Gold Futures Log Highest Settlement In More Than Three Weeks

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures rose for a second-straight session on Thursday to settle at their highest level since May 18. Prices got a boost as expectations for a U.S. interest-rate increase in the coming months eased and the market weighed the likelihood that the United Kingdom may leave the European Union. Gold for August delivery settled at $1,272.70 an ounce, up $10.40, or 0.8%.

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