Gold futures once again climbed to fresh quarter-century highs Tuesday, helped by technical momentum, worries about Iran's nuclear intentions and higher crude oil, traders and analysts said, Dow Jones reported.
June gold futures settled with a gain of $4.50 to $623.30 an ounce on the Comex division of the New York Mercantile Exchange.
Market participants are thinking about several potential scenarios in the
Middle East if Iran eventually should develop nuclear weapons, said Vaught.
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Gold Continues To Rise
Gold futures once again climbed to fresh highs Tuesday