Gold futures edged marginally higher Thursday, as the precious metal scored weekly, monthly and yearly declines in the final trading day of 2015.February gold GCG6, +0.07% was 40 cents, or less than 0.1%, higher at $1,060.20 an ounce, after ending the previous session at its lowest level in about two weeks. The yellow metal booked a 1.5% drop, along with a 0.5% decline in December and a withering 10.5% fall for the year, according to FactSet data.
Peter Hug, global trading director at commodity broker Kitco Metals, said trading in the final session of 2015 is focused more on housecleaning than fundamentals.
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