Gold futures reached their highest since February 2
U.S. gold futures rose to a nine-day high level on Thursday amid of stronger euro against the US dollar.
"The dollar hadn't taken a beating like this for a couple of days. It was a pretty safe play to buy euros and sell dollars and I think the metals market ran with that," said Scott Meyers at Pioneer Futures.
April contract gold climbed $4.20 to $418.70 an ounce on the New York Mercantile Exchange's COMEX division, on the day, reaching its highest close since Feb. 2.
Spot gold hit a high of $418.95 and dealers agree that the $420 level is the
major immediate upside target should buying interest persist Friday.