Gold prices turned higher by the settlement on Wednesday to tally a modest gain as the U.S. dollar index traded near the session’s lows. The ICE U.S. Dollar Index was down 0.1% at 93.644, near the day’s low of 93.608 as gold prices settled, offering support for dollar-denominated prices of the yellow metal. December gold rose 70 cents, or less than 0.1%, to settle at $1,279 an ounce. Prices on Tuesday lost 0.2% to settle at $1,278.30–their lowest since Oct. 6.
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