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U.S. gold advanced Thursday, marking a third straight day of gains. February gold prices picked up $8.10, or 0.5%, to $1,647.70 an ounce on the Comex division of the New York Mercantile Exchange. The precious metal traded from $1,640.90 an ounce to $1,662.90 an ounce. Gold was supported by weaker greenback, according to analysts.

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Gold prices climbed for a second straight session and settled to a four-week high Wednesday as safe-haven demand along with surging physical demand in China contributed to gains, opined analysts. February gold prices added $8.10, or 0.5%, to $1,639.60 an ounce on the Comex division of the New York Mercantile Exchange. The closing price was the [...]

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Gold prices rallied Tuesday after falling for two straight sessions. February gold prices rose $23.40, or 1.5%, to $1,631.50 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices moved between $1,609.20 an ounce and $1,641.40 an ounce. Weakness in the U.S. dollar was a major contributor to higher prices, opined [...]

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While a stronger greenback initially pushed gold prices lower Thursday, safety buying pulled prices back higher for the close. February gold prices rose $7.40, or 0.5%, to $1,620.10 an ounce on the Comex division of the New York Mercantile Exchange. It was the fourth consecutive session in which prices advanced. Gold’s low Thursday came in [...]

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In starting the new year Tuesday, gold prices returned to the $1,600 an ounce level, closing above the mark for the first time since December 24. February gold prices added $33.70, or 2.2%, to $1,600.50 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded from a low of $1,566.80 [...]

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Marking a sixth consecutive day of losses, February gold prices declined $23.20, or 1.5%, to $1,540.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded from a low of $1,557.60 an ounce to a high of $1,595.00 an ounce. Losses incurred were described as the result of liquidation.

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All precious metals declined Wednesday, although gold dropped the least in percentage. February gold prices declined $31.40, or 2.0%, to $1,564.10 an ounce on the Comex division of the New York Mercantile Exchange. Gold ranged between $1,557.60 an ounce and $1,595.00. an ounce. Losses on the day were attributed to a stronger U.S. dollar.

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