Gold Settles Higher Amid Stock Selloff

By Mark DeCambreMarketWatch Pulse

Gold futures finished higher Thursday as stocks tumbled a day ahead of a highly anticipated jobs report. Gold futures for August delivery settled up $4.50, or 0.4%, to 1,090.10 an ounce, after closing at $1,085.60 in the prior session. The yellow metal enjoyed some haven buying from investors as U.S. stocks, weighed down by losses in big media companies, fell sharply.

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