Silver futures gain after 2-session decline; copper futures stumble
by Myra P. Saefong and Rachel Koning Beals
Gold futures settled in the green Tuesday in volatile trading, tracking moves in the dollar with gains limited by strength in U.S. equities, as traders await a monetary-policy speech from Federal Reserve Chairwoman Janet Yellen due later this week.
Shifting expectations about the Federal Reserve’s interest-rate policy ahead of a closely watched retreat in Jackson Hole, Wyo., where Yellen will speak on Friday, have resulted in small gyrations in the greenback.
December gold climbed by $2.70, or 0.2%, to settle at $1,346.10 an ounce, nearly erasing all of Monday’s loss of $2.80. Prices also fell Friday to end last week roughly 0.2% higher.