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Energy Rally Juices Gold

Stock quotes in this article: IAU , GLD , AKS , ABX , PAL , SWC  

Updated from 2:32 p.m. EST

Gold overcame earlier selling pressure and rallied to a higher close after energy prices turned around.

April-dated contracts for bullion added $2.30 to close at $654.50 an ounce on the Comex division of the Nymex. Open interest in the April contract has now grown to 11.2 million ounces, edging out the February-dated instruments as the benchmark.

Open interest in the February futures recently stood at 10.8 million ounces and will quickly taper off as traders roll their positions forward. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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