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May 18, 2021, 1:44 p.m. EDT

Gold prices settle at a four-month high

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    Gold Jun 2021 (GCM21)

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By Myra P. Saefong

GCM21

Gold futures edged higher on Tuesday, extending their rise to the highest settlement since early January. The higher price finish led to a fourth-straight session gain. The metal's outlook "still screams bullishness given the monetary policy stances across the world's two largest economies," said Edward Moya, senior market analyst at Oanda. "Gold's eyes are set for the $1,900 level, with bullion investors likely poised to defend any weakness that approaches the $1,850 level." June gold /zigman2/quotes/210036734/delayed GCM21 +0.95% added 40 cents, or 0.02%, to settle at $1,868 an ounce, with prices for the most-active contract at their highest since Jan. 7, according to FactSet data.

/zigman2/quotes/210036734/delayed
US : U.S.: Nymex
$ 1,793.20
+16.90 +0.95%
Volume: 130.00
June 23, 2021 10:24a
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