US gold futures rose Wednesday on speculative buying reacting
US gold futures rose Wednesday on speculative buying reacting on the U.S. dollar sharp decline.
The most active April gold contract settled $2.80 higher at $444.20 per
Ounce on the New York Mercantile Exchange?s Comex division.
The U.S. dollar was falling during Asian trade and remained weak through much of the Comex trading day to sustainspeculator and investor interest in dollar-denominated gold and silver.
Spot gold traded at $439.85-444.15 an ounce.