Gold futures finished higher Tuesday, marking their loftiest settlement in almost two weeks as strength in the British pound helped the U.S. dollar ease back from recent multimonth highs. Strength in the greenback often pressures dollar-denominated prices for the precious metal. December delivery settled at $1,262.90 an ounce, up $6.30, or 0.5%. That was the highest finish since Oct. 5, according to FactSet data.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News