News: Do you know how much gold gained in January?

  1. Gold rebounded in New York on Friday in response to a report showing weaker-than-expected U.S. economic growth, closing out January 8% higher, its best monthly percentage gain since January 2012.

    Gold futures for February delivery rallied 1.9% to settle at US$1,278.50 an ounce.

    Gold futures strengthened after the Commerce Department said fourth-quarter U.S. gross domestic product expanded at a 2.6% annualized pace, compared with expectations for 3.2% growth.

    In other metals trading, March silver futures gained 2.6% to US$17.21 an ounce.

     

 
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