Gold ends higher on inflation concerns

Feb. 09, 2011 12:56PM PST

Market Watch reports that Gold futures ended marginally higher Wednesday, extending gains to a second consecutive session and closing at their highest since Jan. 19. The market news is quoted as saying: Fears of inflation as grains rallied, and a weaker dollar, contributed to gold’s gains. Gold for April delivery (GCJ11 1,363, -1.30, -0.10%) added […]

Market Watch reports that Gold futures ended marginally higher Wednesday, extending gains to a second consecutive session and closing at their highest since Jan. 19.

The market news is quoted as saying:

Fears of inflation as grains rallied, and a weaker dollar, contributed to gold’s gains. Gold for April delivery (GCJ11 1,363, -1.30, -0.10%) added $1.40, or 0.1%, to $1,365.50 an ounce on the Comex division of the New York Mercantile Exchange.

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