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Gold logs first gain in 3 sessions on weak economic, soft dollar

Friday, 13 February 2015


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Gold prices posted its first gain in three sessions, albeit a modest one, following a pullback for the U.S. dollar, disappointing economic data and news of strong demand for the metal in the fourth quarter of last year.

Gold for April delivery GCJ5, +0.56%  rose $1.10, or 0.1%, to settle at $1,220.70 an ounce on Comex. Prices had fallen by nearly $22 in the past two trading sessions.


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