Gold Settles At Highest Level In More Than a Week

Gold futures climbed on Thursday to their highest settlement in more than a week. Prices continued to find support from the return of Chinese buyers to the market following the Lunar New Year celebration as investors looked ahead to the European Central Bank's quantitative-easing measures. April gold climbed $8.60, or 0.7%, to settle at $1,210.10 an ounce on Comex. That was the highest close for a most-active contract since Feb. 18.

Copyright © 2015 MarketWatch, Inc.