Gold Futures Settle At An Almost Three-week High

By Myra P. SaefongMarketWatch Pulse

Gold futures climbed Wednesday to settle at their highest level in nearly three weeks. The U.S. stock market struggled for direction despite upbeat U.S. data on jobs in the private sector, helping to support prices for the metal. The market awaited cues on gold's next move in the aftermath of monthly U.S. jobs data due out Friday. April gold rose $11, or 0.9%, to settle at $1,241.80 an ounce. That marked the highest settlement since Feb. 11, according to FactSet data.

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