Gold futures settle with a gain of nearly 2% Deutsche Bank sees gold correction nearly over
Gold’s gains also came as Deutsche Bank said gold’s correction has probably neared an end, while a miners strike helped rally platinum and palladium prices.
Gold for August delivery GCQ3 +1.73% added $22.20, or 1.8%, to settle at $1,234.90 an ounce on the Comex division of the New York Mercantile Exchange.
Silver for September delivery SIU3 +1.98% also finished higher, adding 30 cents, or 1.6%, to $19.04 an ounce after Friday’s 4.9% loss.
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