Gold futures settled a bit higher on Monday after ending with a loss last week. “Gold might be ready to make another run to record high territory as investors should be prepared for debt limit talks to hit several major roadblocks,” said Edward Moya, senior market analyst at OANDA. Gold for June delivery GCM23 settled at $2,022.70 an ounce on Comex, up $2.90, or 0.1% for the session.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.