Gold prices climbed Monday to mark their highest settlement since early June as rising tensions between the U.S. and North Korea lifted investor demand for the precious metal. The move for gold comes ahead of the economic policy symposium of global central bankers that begins Thursday, which could offer clues from central bankers on any shifts to monetary policy. December gold rose $5.10, or 0.4%, to settle at $1,296.70 an ounce. That was the highest finish since June 6, 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