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Gold scores first price gain in four sessions

Thursday, 26 February 2015


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Gold futures scored their first gain in four sessions on Wednesday, buoyed by comments from Federal Reserve Chairwoman Janet Yellen, a weaker U.S. dollar and signs of rising demand from China.

Gold for April delivery GCJ5, +0.58%  rose $4.20, or 0.4%, to settle at $1,201.50 an ounce on Comex. March silver SIH5, +0.70%  tacked on 24.2 cents, or 1.5%, to end at $16.43 an ounce.

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