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 NEW YORK (AP) - Gold futures climbed Thursday to more than $600 an ounce for the first time in 25 years, as other surging commodities, especially in the energy markets, stoked fund-buying momentum.
On the New York Mercantile Exchange, June gold futures, the most active contract, rose to a high of $601.90 an ounce Thursday in Asian trading. In later trading in New York, the contract eased back to settle at $599.70 an ounce after traders took profits, but was still up $7.20 from late Wednesday.
Spot gold, which peaked at $595.60 an ounce, settled up $7.30 at $595.20 an ounce.
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