NEW YORK (MarketWatch) — Gold futures rose Wednesday but came off earlier highs, playing off the euro’s gains against the dollar that made the precious metal more attractive as an investment alternative.
Gold for April delivery rose $1.10, or 0.1%, to $1,138.50 an ounce.
It earlier rose as high as $1,144.40, the loftiest level seen since Jan. 11, when it closed at $1,151.40 an ounce, the high for 2010.
Full story: Gold takes aim at $1,140 as dollar falls Metals Stocks – MarketWatch