Gold Gains in Thursday Trading

Reuters reported that gold prices climbed higher on Thursday, breaking away from four days of declines.

As quoted in the market news:

Spot gold rose 0.5 percent on the day to $1,770.89 an ounce by 1412 GMT. The price fell by more than 2 percent over the prior four trading days, its longest stretch of declines since June this year.

Gold priced in euros rose for a fourth day in a row to within 1 percent of the record high of 1,386.38 euros an ounce struck on October 1.

Click here to view the full Reuters report.