Gold Rose On Continued Japanese Buying

Gold futures rose on Thursday on buying by Japanese traders in New York.

The April gold futures reached a fresh 25-year high of $579.50 an ounce during the session but eased from that level slightly on profit-taking and speculative selling to settle at $576.80 an ounce, up $2.80 on the day.

Traders said the market was nervous and jittery about the outcome of the
International Atomic Energy Agency report on Iran's nuclear program.