Gold Futures Mark Largest Monthly Gain Since June

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures climbed Tuesday to tally a monthly gain of roughly 5.2%--their largest such gain since June. A sharp decline in the U.S. dollar and losses in U.S. equities helped lift investment demand for the precious metal. April gold rose $15.40, or 1.3%, for the session to settle at $1,211.40 an ounce. That was the highest finish for a most-active contract since Jan. 23, according to FactSet data.

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