Gold Futures Score Best Quarterly Gain Since 1986

By Myra P. SaefongMarketWatch Pulse

Gold futures edged higher on Thursday to finish out the quarter more than 16% higher. The metal has benefited from the U.S. Federal Reserve's dovish stance on monetary policy. June gold added $7, or 0.6%, to settle at $1,235.60 an ounce. For the quarter, prices climbed roughly 16.4%, according to FactSet, which was the largest quarterly gain since the third quarter of 1986. They ended the month less than 0.1% higher.

Copyright © 2016 MarketWatch, Inc.

Continue Reading Below