Updated from 12:59 p.m. EST
Renewed interest from investors took gold to multimonth highs Friday, despite a stronger U.S. dollar.
The spot price for bullion recently hit $666.70, the strongest since mid-July when it briefly pierced the $670 level. It's now within 9% of last May's peak of $725.75.
Futures prices rallied similarly, with contracts for April delivery of gold closing up $9.50 at $672.30 an ounce on the Comex division of the Nymex. The bullion exchange-traded funds that own stocks of gold bars were also up, with the streetTracks Gold Shares (GLD Quote) and iShares Comex Gold Trust (IAU Quote) both climbing 1%. ...
Recent Comments
| 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 |


Connect with TheStreet