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Thursday, December 26, 2019

Gold extends climb above $1,500 - MarketWatch

Gold extends climb above $1,500 - MarketWatch

Gold prices punched higher Thursday, keeping the precious metal elevated above the psychologically important $1,500 level and extending its win streak to a third session in a row. Gold for February delivery [S: GCG20] on Comex rose 0.6% to $1,514.40 an ounce, according to FactSet data. High political uncertainty, ongoing trade jitters and fears about the U.S. economy being late in the cycle could push gold prices above $1,600 an ounce in the first quarter of the New Year, according to recent forecasts from Goldman Sachs commodities analysts.

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2019-12-26 18:56:00Z
https://www.marketwatch.com/story/gold-extends-climb-above-1500-2019-12-26
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