Gold prices climbed for the seventh time in the last eight sessions on Thursday, hitting a fresh six-month high as the dollar fell and stocks extended a recent bout of volatility. Gold for February delivery edged up 0.4% to $1,277.90 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices have trimmed almost all of their 2018 drop in recent weeks, boosted by bets that the Federal Reserve will cool its pace of interest-rate increases moving forward and a weaker dollar. Gold is at its highest level since...
Source: Wall Street Journal December 27, 2018 14:48 UTC