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Gold edges higher after logging biggest yearly gain since 2010

January 2, 2020

Gold edged into positive territory on Thursday, with bulls attempting to maintain upside momentum in the new year after the yellow metal scored its biggest one-year advance since 2010.

Gold for February delivery on Comex GCG20, +0.47% rose $5.20, or 0.3%, to $1,528.30 an ounce early Thursday, while March silver SIH20, +0.80% gained 15.4 cents, or 0.9%, to $18.075 an ounce.

Gold rose 18.9% in 2019, its biggest annual rise since a 29.7% jump in 2010. Silver rose 15.5% in 2019, its biggest calendar-year percentage gain since 2016.

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