Gold futures have now gained for 7 straight trading sessions
Gold futures climbed a seventh session in a row on Thursday, the longest streak of gains in nearly a year and half. The U.S. dollar weakened, lifting the appeal of dollar-denominated gold prices, as the euro climbed in the wake of the European Central Bank’s decision to leave key interest rates unchanged. Ongoing trade tensions ahead of the latest monthly U.
S. nonfarm payrolls report due Friday also offered support to haven gold. August gold GCQ19, +0.67% rose $9.10, or 0.7%, to settle at $1,342.70 an ounce on Comex. That was highest finish for a most-active contract since Feb. 20 and marked the metal's seventh session gain in a row, the longest since an 11-session climb in January 2018, according to FactSet data.
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