Gold futures finished higher on Wednesday for a third consecutive session. Prices for the precious metal got a boost as the U.S. dollar weakened in the wake of upbeat economic data from China. Gold for April delivery GCJ23 rose $8.70, or 0.5%, to settle at $1,845.40 an ounce on Comex. Prices for the most-active contract posted a 5.6% loss for the month of February, their largest monthly decline since June 2021, according to Dow Jones Market Data.
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