By Chris Oliver, MarketWatch
HONG KONG (MarketWatch) — Gold futures rose on Wednesday, after posting a nominal record close in the U.S. a day earlier as the metal’s safe-haven appeal continued to lure investors.
Gold for December delivery GC1Z +0.54% gained $6.70, or 0.4%, to $1,791.50 an ounce in electronic trading on Globex.
On Tuesday, bullion closed at a nominal record $1,785 per ounce in the U.S., rising $27 for the session. Its previous closing record was $1,784.30 an ounce on Aug. 10.
Tuesday’s gains came after weak economic growth data from Germany and the rest of the euro zone.
In other Wednesday trading, September silver futures SI1U +0.37% added 27 cents, or 0.7%, to $40.09 an ounce.
Chris Oliver is MarketWatch's Asia bureau chief, based in Hong Kong.
