Prices for both metals had benefitted from a rush to safety sparked by uncertainty surrounding the U.K. vote late last month to leave the European Union. In electronic trading, gold futures extended their gains after minutes from the U.S. Federal Reserve’s last meeting implied that an interest-rate hike remained on hold.
August gold GCQ6, +0.26% gained $8.40, or 0.6%, to settle at $1,367.10 an ounce, again marking their highest settlement since March 2014, according to FactSet data.
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