Gold futures edged higher Wednesday, continuing to find support amid an ugly December for equity markets, which has spurred haven-related demand for the yellow metal.
Gold for February delivery GCG9, +0.31% on Comex rose $4.40, or 0.3%, to $1,276.20 an ounce after settling at a six-month high in a holiday-shortened session on Monday. Gold rallied to start the week as U.S. stocks suffered their worst Christmas Eve performance in history, continuing a December selloff. March silver SIH9, +0.78% rose 12.5 cents, or 0.8%, to $14.945 an ounce.
