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| Gold Prices |
Gold prices surged around a percent on last trading day of the week as investors opted to park their money in the safe haven after reports of escalating civil upheaval in Libya and North Yemen re-emerged which led to the spurt in crude oil prices. The yellow metal prices also got a lift from the wilt in American greenback which helped the bullion to extend the weekly gaining streak to the fifth successive week.
Gold futures for April delivery settled $12.20 higher at $1,428.60 an ounce on the Comex division of the New York Mercantile Exchange, whereas Spot gold surged 0.8% at $1,427.31 an ounce.
Gold futures for April delivery settled $12.20 higher at $1,428.60 an ounce on the Comex division of the New York Mercantile Exchange, whereas Spot gold surged 0.8% at $1,427.31 an ounce.
