Gold futures climbed on Monday and tallied their biggest monthly gain since February. The "wild card" for the market is the geopolitical tensions, said Chris Gaffney, senior market strategist at EverBank Wealth Management, who mentioned Iraq, Ukraine and North Korea, in particular. "Any flare up in these areas could quickly lead to another round of 'safe haven' buying in the precious metals," he said. August gold rose $2, or 0.2%, for the session to settle at $1,322 an ounce on the Comex division of the New York Mercantile Exchange. Tracking the most-active contracts, prices gained 6.1% for the month, their strongest gain since February. They rose 3% for the quarter.
Source: Marketwatch
Source: Marketwatch
