Myra P. Saefong and Shawn Langlois
The Wall Street Journal
March 6, 2014
Gold futures edged higher on Thursday, holding ground above $1,340 an ounce and staying in a tight range as traders awaited the key jobs report at the end of the week.
Gold for April delivery tacked on $5.50, or 0.4%, to $1,345.80 an ounce on the Comex division of the New York Mercantile Exchange. May silver added 10 cents, or 0.5%, to $21.38 an ounce.
“Precious-metals prices are “hanging” around, with little new news to create a catalyst either way,” said Peter Hug, global trading director at Kitco Metals Inc.